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Here are selected basic data for Wilson Company: Estimated manufacturing $243,750 Factory utilities $30,900 overhead Estimated labor hours 35,000 Indirect labor $22,600 Actual direct labor hours Estimated direct labor cost Actual direct labor cost 36,000 Sales commissions $54,600 $325,000 Factory rent $47,800 $320,000 Factory property $28,700 taxes Factory depreciation $65,600 Indirect materials $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? a. $173,000 b. $283,500 c. $228,900 d. $260,900

Here are selected basic data for Wilson Company: Estimated manufacturing $243,750 Factory utilities $30,900 overhead Estimated labor hours 35,000 Indirect labor $22,600 Actual direct labor hours Estimated direct labor cost Actual direct labor cost 36,000 Sales commissions $54,600 $325,000 Factory rent $47,800 $320,000 Factory property $28,700 taxes Factory depreciation $65,600 Indirect materials $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? a. $173,000 b. $283,500 c. $228,900 d. $260,900

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Here are selected basic data for Wilson Company: Estimated manufacturing $243,750 Factory utilities $30,900 overhead Estimated labor hours 35,000 Indirect labor $22,600 Actual direct labor hours Estimated direct labor cost Actual direct labor cost 36,000 Sales commissions $54,600 $325,000 Factory rent $47,800 $320,000 Factory property $28,700 taxes Factory depreciation $65,600 Indirect materials $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? a. $173,000 b. $283,500 c. $228,900 d. $260,900
Transcribed Image Text:Here are selected basic data for Wilson Company: Estimated manufacturing $243,750 Factory utilities $30,900 overhead Estimated labor hours 35,000 Indirect labor $22,600 Actual direct labor hours Estimated direct labor cost Actual direct labor cost 36,000 Sales commissions $54,600 $325,000 Factory rent $47,800 $320,000 Factory property $28,700 taxes Factory depreciation $65,600 Indirect materials $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? a. $173,000 b. $283,500 c. $228,900 d. $260,900
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