Quick Check 1. ABC Incorporated has estimated total factory overhead costs of $400,000 and 20,000 direct...

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Quick Check 1. ABC Incorporated has estimated total factory overhead costs of $400,000 and 20,000 direct labor hours. If dire

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Answer 1

Answer #1

Predetermined overhead rate = Total estimated overhead / Total estimated labor hour

= $400,000 / 20000 = $20 per hour

Overhead applied to job #147 = 1500*20 = $30,000

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Answer 2

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