EBK PRINCIPLES OF AUDITING & OTHER ASSU
EBK PRINCIPLES OF AUDITING & OTHER ASSU
21st Edition
ISBN: 9781260299434
Author: WHITTINGTON
Publisher: YUZU
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Chapter 18, Problem 35OQ
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Wexler Corporation uses a predetermined overhead rate of $24.50 per direct labor hour. This predetermined rate was based on a cost formula that estimated $294,000 of total manufacturing overhead for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead costs of $298,500 and 12,400 total direct labor hours during the period. Required: Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.
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