At the beginning of the year, Learer Company's manager estimated total direct labor cost assuming 50 persons working an average of 2,000 hours each at an average wage rate of $25 per hour. The manager also estimated the following manufacturing overhead costs for the year.

At the beginning of the year, Learer Company's manager estimated total direct labor cost assuming 50 persons working an average of 2,000 hours each at an average wage rate of $25 per hour. The manager also estimated the following manufacturing overhead costs for the year.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 3EA: A company estimated 100,000 direct labor hours and $800,000 in overhead. The actual overhead was...

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At the beginning of the year, Learer Company's manager estimated total direct labor cost assuming 50 persons working
an average of 2,000 hours each at an average wage rate of $25 per hour. The manager also estimated the following
manufacturing overhead costs for the year.

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