Mirada Manufacturing produces pumps for residential swimming pools. For the year, management estimated that total manufacturing overhead would be $1488000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 62000 direct labor hours. The balance in over- or underapplied overhead is deemed to be small. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control: Raw Materials Inventory $304291 Work in Process Inventory $337997 Finished Goods Inventory $756362 Actual direct labor hours used 68970 Actual overhead incurred $1434576 How much overhead did Mirada apply to jobs during the year (if necessary, round your answer to two decimal places)? $1655280 $1595966 $1398712
Mirada Manufacturing produces pumps for residential swimming pools. For the year, management estimated that total manufacturing overhead would be $1488000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 62000 direct labor hours. The balance in over- or underapplied overhead is deemed to be small. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control: Raw Materials Inventory $304291 Work in Process Inventory $337997 Finished Goods Inventory $756362 Actual direct labor hours used 68970 Actual overhead incurred $1434576 How much overhead did Mirada apply to jobs during the year (if necessary, round your answer to two decimal places)? $1655280 $1595966 $1398712
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Mirada Manufacturing produces pumps for residential swimming pools. For the year, management estimated that total manufacturing overhead would be $1488000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 62000 direct labor hours. The balance in over- or underapplied overhead is deemed to be small. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control:
How much overhead did Mirada apply to jobs during the year (if necessary, round your answer to two decimal places)?
|
How much overhead did Mirada apply to jobs during the year (if necessary, round your answer to two decimal places)?
$1655280
$1595966
$1398712
$1434680
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