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26 At the beginning of the year, manufacturing overhead for the year was estimated to be $955,325. At the end of the year, ac

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Answer #1

Since overhead has been overapplied;hence applied overhead is greater than actual overhead

Hence applied overhead=(910,000+53275)=$963275

Applied overhead=Predetermined overhead rate*Actual direct labor hours

963275=Predetermined overhead rate*36350

Predetermined overhead rate=963275/36350

=$26.5 per direct labor hour

Predetermined overhead rate=Estimated overhead/Estimated direct labor hours

Estimated direct labor hours=(955325/26.5)

=36050 direct labor hours

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