Ohio steel uses a job costing system ohio steel uses


Question - Ohio Steel uses a job costing system. Ohio Steel uses estimated direct labor hours of 100,000 and estimated manufacturing overhead costs of $320,000 in establishing its predetermined manufacturing overhead rate.

Actual results for the year showed:

Actual manufacturing overhead cost $350,400

Allocated manufacturing overhead cost $326,400

The actual direct labor hours worked during the period was:

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Accounting Basics: Ohio steel uses a job costing system ohio steel uses
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