sawyer Manufacturing Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. Last year, the company worked 57,000 actual direct labour hours and incurred $345,000 of actual manufacturing overhead cost The Company had estimated that it would work 55,000 direct labour hours during the year and incur $330, 000 of manufacturing overhead cost. The company's manufacturing overhead cost for the year was: O a. overapplied by $3,000 b . underapplied by $3,000 c. underapplied by $15,000 d. overapplied by $15,000

sawyer Manufacturing Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. Last year, the company worked 57,000 actual direct labour hours and incurred $345,000 of actual manufacturing overhead cost The Company had estimated that it would work 55,000 direct labour hours during the year and incur $330, 000 of manufacturing overhead cost. The company's manufacturing overhead cost for the year was: O a. overapplied by $3,000 b . underapplied by $3,000 c. underapplied by $15,000 d. overapplied by $15,000

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Description: sawyer Manufacturing Company uses a predetermined overhead rate based on direct labour hours to applymanufacturing overhead to jobs. Last year, the company worked 57,000 actual direct labour hours andincurred $345,000 of actual manufacturing overhea

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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