Total budgeted fixed factory overhead for the year


Diehl Company uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of standard direct labor-hours. The company's total applied factory overhead was $315,000 last year when the company used 32,000 direct labor-hours as the denominator activity. If the variable factory overhead rate was $8 per direct labor-hour, and if 30,000 standard labor-hours were allowed for the output of the year, then the total budgeted fixed factory overhead for the year must have been:

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Total budgeted fixed factory overhead for the year
Reference No:- TGS096915

Expected delivery within 24 Hours