The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31: Actual manufacturing overhead costs $ 229,500 Actual direct labor hours 56,600 Actual direct labor costs $ 462,000 Estimated manufacturing overhead costs $ 196,180 Estimated direct labor $ 451,000 Estimated direct labor hours 57,700 What is the predetermined manufacturing overhead rate per direct labor hour?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:

Actual manufacturing overhead costs $ 229,500
Actual direct labor hours 56,600
Actual direct labor costs $ 462,000
Estimated manufacturing overhead costs $ 196,180
Estimated direct labor $ 451,000
Estimated direct labor hours 57,700

What is the predetermined manufacturing overhead rate per direct labor hour?

 

 
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