The cost accountants at Driftwood Manufacturing performed a regression analysis on total overhead costs and direct labor hours for the past 36 months and reported the following results: Regression Variable Slope Intercept Value $45.27 $610.89 Correlation Coefficient 0.902 What is the estimated overhead cost if 215 direct labor hours are expected to be used in the upcoming period? (rounded to the nearest whole dollar)

What is the expected total overhead cost for next month on these general accounting question?

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At the beginning of a year, a company predicts total direct materials costs of $1,050,000 and total overhead costs of $1,180,000. If the company uses direct materials costs as its activity base to allocate overhead, what is the predetermined overhead rate it should use during the year? Choose Numerator: Predetermined overhead rate / Choose Denominator: 1 1 = = Rate Rate

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What was the standard rate per hour for September on these general accounting question?

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A company estimates the following manufacturing costs for the next period: direct labor, $468,000; direct materials, $390,000; and factory overhead, $117,000. Compute its predetermined overhead rate as a percent of (1) direct labor and (2) direct materials. Express your answers as percents, rounded to the nearest whole number.

Please solve this MCQs At the beginning of the year, manufacturing overhead for the year was estimated to be $267,500. At the end of the year, actual direct labor-hours for the year were 22,100 hours, the actual manufacturing overhead for the year was $262,500, and manufacturing overhead for the year was overapplied by $13,750. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used to calculate the predetermined overhead rate was:       22,100 direct labor-hours.     21,000 direct labor-hours.     21,400 direct labor-hours.     19,900 direct labor-hours.