The predetermined manufacturing overhead rate for the year was $14.00 per direct labor hour; employees were...
The predetermined manufacturing overhead rate for the year was $14.00 per direct labor hour; employees were paid $17.50 per hour. If the estimated direct labor cost was $315,000, what was the estimated manufacturing overhead?
Multiple Choice
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$22,500.
-
$252,000.
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$393,750.
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$90,000.
Homework Answers
Total labor hours=estimated direct labor cost/direct labor rate
=315,000/17.5
=18000 hours
Hence estimated overhead=total labor hours*Predetermined overhead rate
=18000*14
=$252000
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