The Vinta Company estimates its factory overhead for the next period at P2,500,000. It is estimated that 40,000 units will be produced at a material costs of P1,600,000 and will require 25,000 direct labor hours at an estimated cost of P2,500,000. The machine will run about 320,000 hours. What is the predetermined factory overhead rate based on direct labor hours? * 100.00% P7.8125 O P100.00 156.25% P25.00

The Vinta Company estimates its factory overhead for the next period at P2,500,000. It is estimated that 40,000 units will be produced at a material costs of P1,600,000 and will require 25,000 direct labor hours at an estimated cost of P2,500,000. The machine will run about 320,000 hours. What is the predetermined factory overhead rate based on direct labor hours? * 100.00% P7.8125 O P100.00 156.25% P25.00

Name: The Vinta Company estimatesits factory overhead for thenext period at
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Description: The Vinta Company estimatesits factory overhead for thenext period at P2,500,000. It isestimated that 40,000 unitswill be produced at a materialcosts of P1,600,000 and willrequire 25,000 direct laborhours at an estimated cost ofP2,500,000. The machi

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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