Homework Answers
Estimated total overhead = $396,000
Estimated direct labor cost = $220,000
Predetermined overhead rate = Estimated total overhead/Estimated direct labor cost
= 396,000/220,000
= $1.8 per direct labor dollar
Actual direct labor cost = $224,000
Overhead applied = Actual direct labor cost x Predetermined overhead rate
= 224,000 x 1.8
= $403,200
Second option is the correct option
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