Sawyer Company had the following information for the year: Direct materials used Direct labor incurred (7,600 hours) Actual manufacturing overhead incurred $ $ 248,900 $ 277,300 194,100 Sawyer Company used a predetermined overhead rate using estimated overhead of $365,500 and 8,500 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9,500. How much overhead was applied during the year? $326,800 $277,300 $365,500 $248,900
Sawyer Company had the following information for the year: Direct materials used Direct labor incurred (7,600 hours) Actual manufacturing overhead incurred $ $ 248,900 $ 277,300 194,100 Sawyer Company used a predetermined overhead rate using estimated overhead of $365,500 and 8,500 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9,500. How much overhead was applied during the year? $326,800 $277,300 $365,500 $248,900
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Sawyer Company had the following information for the year:
Direct materials used
Direct labor incurred (7,600 hours)
Actual manufacturing overhead incurred
$
$
248,900
$ 277,300
$326,800
$277,300
$365,500
$248,900
194,100
Sawyer Company used a predetermined overhead rate using estimated overhead of $365,500 and 8,500 estimated direct
labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9,500. How much overhead was
applied during the year?
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