Lys Wheels manufactures high-performance mountain bikes. Lys uses a predetermined overhead rate based on direct labor hours to absorb overhead to mountain bikes. For the last fiscal year, the firm had the following operating data:
| Actual direct labor hours | 19,000 |
| Underabsorbed overhead | $ 7,000 |
| Actual overhead incurred | $197,000 |
| Budgeted overhead | $210,000 |
Required:
What was Lys’s budgeted volume last year?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.