At the beginning of the year, manufacturing overhead for the year was estimated to be $974,700. At the end of the year, actual direct labor- hours for the year were 36,360 hours, the actual manufacturing overhead for the year was $930,000, and manufacturing overhead for the year was overapplied by $51,720. 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: Note: Do not round intermediate calculations. Multiple Choice 34,444 direct labor-hours 32,529 direct labor-hours 36,360 direct labor-hours 36,100 direct labor-hours

At the beginning of the year, manufacturing overhead for the year was estimated to be $974,700. At the end of the year, actual direct labor- hours for the year were 36,360 hours, the actual manufacturing overhead for the year was $930,000, and manufacturing overhead for the year was overapplied by $51,720. 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: Note: Do not round intermediate calculations. Multiple Choice 34,444 direct labor-hours 32,529 direct labor-hours 36,360 direct labor-hours 36,100 direct labor-hours

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Description: None At the beginning of the year, manufacturing overhead for the year was estimated to be $974,700. At the end of the year, actual direct labor-hours for the year were 36,360 hours, the actual manufacturing overhead for the year was $930,000, and ma

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...

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At the beginning of the year, manufacturing overhead for the year was estimated to be $974,700. At the end of the year, actual direct labor- hours for the year were 36,360 hours, the actual manufacturing overhead for the year was $930,000, and manufacturing overhead for the year was overapplied by $51,720. 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: Note: Do not round intermediate calculations. Multiple Choice 34.444 direct labor-hours 32,529 direct labor-hours 36,360 direct labor-hours 36,100 direct labor-hours
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