Current Attempt in Progress At the beginning of the year, managers at Sheridan Industries estimated $441600 in manufacturing overhead, 18400 direct labor hours and 48500 machine hours. Actual manufacturing costs at the end of the year were $421000 in manufacturing overhead. During the year, 21900 direct labor hours and 47500 machine hours were incurred. If overhead is applied based on direct labor hours, how much overhead was applied during the year? O $442900 O $421000 O $353717 O $525600

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter16: Job Order Costing
Section: Chapter Questions
Problem 4CMA: Patterson Corporation expects to incur 70,000 of factory overhead and 60,000 of general and...
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Current Attempt in Progress
At the beginning of the year, managers at Sheridan Industries estimated $441600 in manufacturing overhead, 18400 direct labor
hours and 48500 machine hours. Actual manufacturing costs at the end of the year were $421000 in manufacturing overhead. During
the year, 21900 direct labor hours and 47500 machine hours were incurred. If overhead is applied based on direct labor hours, how
much overhead was applied during the year?
O $442900
O $421000
O $353717
O $525600
Transcribed Image Text:Current Attempt in Progress At the beginning of the year, managers at Sheridan Industries estimated $441600 in manufacturing overhead, 18400 direct labor hours and 48500 machine hours. Actual manufacturing costs at the end of the year were $421000 in manufacturing overhead. During the year, 21900 direct labor hours and 47500 machine hours were incurred. If overhead is applied based on direct labor hours, how much overhead was applied during the year? O $442900 O $421000 O $353717 O $525600
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