Family Fun Time, Inc. makes board games. The following data pertains to the last six months: Manufacturing Overhead Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Direct Labor Hours 45,000 68,000 57,000 52,000 34,000 30,000 $295,000 $318,000 $323,000 $247,250 OA. $165,500 O B. $220,320 OC. $233,960 O D. Cannot be determined from information given. $178,200 $163,500 Based on this data, what would the estimated manufacturing overhead be at a level of 44,000 direct labor hours? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EB: A company estimates its manufacturing overhead will be $840,000 for the next year. What is the...
icon
Related questions
Question
Family Fun Time, Inc. makes board games. The following data pertains to the last six months:
Manufacturing Overhead
Month
Month 2
Month 3
Month 4
Month 5
Month 6
Direct Labor Hours
45,000
68,000
57,000
52,000
34,000
30,000
$295,000
$318,000
$323,000
$247,250
$178,200
$163,500
Based on this data, what would the estimated manufacturing overhead be at a level of 44,000 direct labor hours? (Round intermediary calculations to the nearest cent. Use the "high" data
month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.)
OA. $165,500
OB. $220,320
OC. $233,960
O D. Cannot be determined from information given.
Transcribed Image Text:Family Fun Time, Inc. makes board games. The following data pertains to the last six months: Manufacturing Overhead Month Month 2 Month 3 Month 4 Month 5 Month 6 Direct Labor Hours 45,000 68,000 57,000 52,000 34,000 30,000 $295,000 $318,000 $323,000 $247,250 $178,200 $163,500 Based on this data, what would the estimated manufacturing overhead be at a level of 44,000 direct labor hours? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.) OA. $165,500 OB. $220,320 OC. $233,960 O D. Cannot be determined from information given.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Product life cycle
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning