A review of the company's accounting records for the year just ended discovered the following: Farrina Manufacturing uses a predetermined overhead application rate of $8 per direct labor hour. Underapplied manufacturing overhead: 57.200 Actual manufacturing overhead: $392.000 Budgeted labor hours: 50.000 Simone's actual labor hours worked totaled: 49,100. 0 49,900. 48.100. 50.900. O cannot be determined based on the information presented.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 8PB: Queen Bees Honey, Inc., estimated its annual overhead to be $110,000 and based its predetermined...
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A review of the company's accounting records for the year just ended discovered the following:
Farrina Manufacturing uses a predetermined overhead application rate of $8 per direct labor hour.
Underapplied manufacturing overhead: $7.200
Actual manufacturing overhead: $392.000
Budgeted labor hours: 50.000
Simone's actual labor hours worked totaled:
O 49,100.
0 49,900.
48.100.
50.900.
O cannot be determined based on the information presented.
Transcribed Image Text:A review of the company's accounting records for the year just ended discovered the following: Farrina Manufacturing uses a predetermined overhead application rate of $8 per direct labor hour. Underapplied manufacturing overhead: $7.200 Actual manufacturing overhead: $392.000 Budgeted labor hours: 50.000 Simone's actual labor hours worked totaled: O 49,100. 0 49,900. 48.100. 50.900. O cannot be determined based on the information presented.
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