What will the cost records for the year show


Houghton Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $200,000 and direct labor hours would be 20,000. The actual figures for the year were $220,000 for manufacturing overhead and 21,000 direct labor hours. What will the cost records for the year show?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What will the cost records for the year show
Reference No:- TGS058417

Expected delivery within 24 Hours