Manufacturing overhead was estimated to be $289,800 for the year along with an estimated 20,700 direct labor hours. Actual manufacturing overhead was $300,000, and actual direct labor hours were 21,900. To dispose of the balance in the Manufacturing Overhead account, which of the following would be correct? Multiple Choice Manufacturing Overhead would be credited for $6,600. Manufacturing Overhead would be debited for $10,200. Manufacturing Overhead would be credited for $10,200. Manufacturing Overhead would be debited for $6,600.

Manufacturing overhead was estimated to be $289,800 for the year along with an estimated 20,700 direct labor hours. Actual manufacturing overhead was $300,000, and actual direct labor hours were 21,900. To dispose of the balance in the Manufacturing Overhead account, which of the following would be correct? Multiple Choice Manufacturing Overhead would be credited for $6,600. Manufacturing Overhead would be debited for $10,200. Manufacturing Overhead would be credited for $10,200. Manufacturing Overhead would be debited for $6,600.

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Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 8PB: Queen Bees Honey, Inc., estimated its annual overhead to be $110,000 and based its predetermined...

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