Here are selected basic data for Wilson Company: Estimated manufacturing overhead $243,750 Factory utilities $31,100Estimated labor hours 35,000 Indirect labor $22,800Actual direct labor hours 36,000 Sales commissions $54,300Estimated direct labor cost $325,000 Factory rent $47,700Actual direct labor cost $320,000 Factory property taxes $28,700Factory depreciation $65,500 Indirect materials $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs?

Manufacturing overhead means all expenses related to factory and indirect materials and indirect…

Answered: the company allocates overhead based on…

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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Here are selected basic data for Wilson Company:

Estimated manufacturing overhead	$243,750	Factory utilities	$31,100
Estimated labor hours	35,000	Indirect labor	$22,800
Actual direct labor hours	36,000	Sales commissions	$54,300
Estimated direct labor cost	$325,000	Factory rent	$47,700
Actual direct labor cost	$320,000	Factory property taxes	$28,700
Factory depreciation	$65,500	Indirect materials	$33,300

If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs?

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