Overhead at the end of the year


Problem:

Regis Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 17,900 hours and the total estimated manufacturing overhead was $341,890. At the end of the year, actual direct labor-hours for the year were 16,700 hours and the actual manufacturing overhead for the year was $336,890. Overhead at the end of the year was?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Overhead at the end of the year
Reference No:- TGS01932308

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)