Question

Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-
The estimated total manufacturing overhead is closest to: Multiple Choice Ο $168,000 Ο $330.000 Ο $162,000 Ο $162,003
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Answer #1

Total Estimated variable overhead=$2.8*60,000 hours=$168,000

Total manufacturing overhead estimated=Total Estimated variable overhead+Total Estimated fixed overhead

=168,000+162,000

which is equal to

=$330,000

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