Predetermined overhead rate based on direct labor hours, Accounting Basics

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Predetermined overhead rate based on direct labor hours

A company uses a predetermined overhead rate based on direct labor hours (DLHs) to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $200,000 and DLHs would be 20,000. The actual figures for the year were $215,000 for manufacturing overhead and 21,000 DLHs. The cost records for the year will show:

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Accounting Basics: Predetermined overhead rate based on direct labor hours

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Accounting Basics: Predetermined overhead rate based on direct labor hours

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Accounting Basics: Predetermined overhead rate based on direct labor hours

Reference No:- TGS092690

Recent Questions Asked Accounting Basics

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