Chapter 4, Problem 23E

Please explain the solution to this general accounting problem with accurate principles.

I need help with this general accounting question using standard accounting techniques.

I am looking for help with this general accounting question using proper accounting standards.

I need help with this general accounting question using standard accounting techniques.

Can you explain the correct approach to solve this general accounting question?

Can you provide a detailed solution to this financial accounting problem using proper principles?

Please provide the correct answer to this general accounting problem using accurate calculations.

Please explain the solution to this general accounting problem with accurate explanations.

At the beginning of the year, manufacturing overhead for the year was estimated to be $720,000. At the end of the year, actual direct labor hours for the year were 36,000 hours, the actual manufacturing overhead for the year was $705,000, and the manufacturing overhead for the year was overapplied by $27,000. If the predetermined overhead rate is based on direct labor hours, then the estimated direct labor hours at the beginning of the year used in the predetermined overhead rate must have been ____ hours.