The correct option is B i.e 35,650 direct labor hours.
Estimated manufacturing overhead | $802,125 |
Actual direct labor hours | 36,270 hours |
Actual manufacturing overhead | $775,000 |
Manufacturing overhead over-applied | $41,075 |
Total Manufacturing overhead applied (775,000+41,075) | $816,075 |
Rate per direct labor hour (816,075 / 36,270) | $22.5 |
Estimated direct labor hour (802,125 / 22.5) | 35,650 hours |
At the beginning of the year, manufacturing overhead for the year was estimated to be $802,125....
At the beginning of the year, manufacturing overhead for the year was estimated to be $802,125. At the end of the year, actual direct labor-hours for the year were 36,270 hours, the actual manufacturing overhead for the year was $775,000, and manufacturing overhead for the year was overapplied by $41,075. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:...
26 At the beginning of the year, manufacturing overhead for the year was estimated to be $955,325. At the end of the year, actual direct labor-hours for the year were 36,350 hours, the actual manufacturing overhead for the year was $910,000, and manufacturing overhead for the year was overapplied by $53,275. If the predetermined overhead rate is based on direct labor-hours, then the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have...
Golden Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 22,500 hours. At the end of the year, actual direct labor-hours for the year were 21,300 hours, the actual manufacturing overhead for the year was $548,320, and manufacturing overhead for the year was underapplied by $24,340. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been: Multiple Choice $543,140. $573,746....
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $244,500 and 9,500 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $245,200 and actual direct labor-hours were 6,200. The overhead for the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $85,612 overapplied $84,912 underapplied $85,612 underapplied $84,912 overapplied
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,940 hours and the total estimated manufacturing overhead was $530,948. At the end of the year, actual direct labor-hours for the year were 21,850 hours and the actual manufacturing overhead for the year was $530,948. Overhead at the end of the year was: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $2,228 underapplied $2,178 underapplied $2,178 overapplied...
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,960 hours and the total estimated manufacturing overhead was $535,824. At the end of the year, actual direct labor-hours for the year were 21,900 hours and the actual manufacturing overhead for the year was $535,824. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,514 overapplied $1,514 underapplied $1,464 underapplied...
Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $364,440. At the end of the year, actual direct labor-hours for the year were 24,000 hours, manufacturing overhead for the year was overapplied by $8,360, and the actual manufacturing overhead was $360,040. The predetermined overhead rate for the year must have been closest to: Multiple Choice $15.48 per direct lobor hour $15.00 per direct labor hour $15.35 per...
Crich Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,880 hours and the total estimated manufacturing overhead was $516,368. At the end of the year, actual direct labor-hours for the year were 21700 hours and the actual manufacturing overhead for the year was $516,368. Overhead at the end of the year was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $4298 overapplied $4,298 underapplied O...
Duran Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $298,350. At the end of the year, actual direct labor-hours for the year were 20,200 hours, manufacturing overhead for the year was underapplied by $14,100, and the actual manufacturing overhead was $284,780. The predetermined overhead rate for the year must have been closest to: Multiple Choice $13.40. $14.77. $14.10. $12.93.
Duran Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $251,590. At the end of the year, actual direct labor-hours for the year were 18,800 hours, manufacturing overhead for the year was underappiled by $12,700, and the actual manufacturing overhead was $238,300. The predetermined overhead rate for the year must have been closest to Multiple Choice $12.68. $13.38. $11.57 $12.00