Here are selected basic data for Boston Bracing Company: Estimated manufacturing overhead $253,500 Factory utilities $31,000 Estimated labor hours 35,000 Indirect labor $23,000 Actual direct labor hours 36,000 Sales commissions $53,800 Estimated direct labor cost $325,000 Factory rent $48,300 Actual direct labor cost $320,000 Factory property taxes $28,900 Factory depreciation $66,800 Indirect materials $33,700If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? Question 42 options: $285,500 $228,800 $262,500 $231,700
Here are selected basic data for Boston Bracing Company: Estimated manufacturing overhead $253,500 Factory utilities $31,000 Estimated labor hours 35,000 Indirect labor $23,000 Actual direct labor hours 36,000 Sales commissions $53,800 Estimated direct labor cost $325,000 Factory rent $48,300 Actual direct labor cost $320,000 Factory property taxes $28,900 Factory depreciation $66,800 Indirect materials $33,700If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? Question 42 options: $285,500 $228,800 $262,500 $231,700
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 15E: The books of Petry Products Co. revealed that the following general journal entry had been made at...
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Question
Here are selected basic data for Boston Bracing Company:
If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs ?
| Estimated manufacturing overhead | $253,500 | | Factory utilities | $31,000 |
| Estimated labor hours | 35,000 | | Indirect labor | $23,000 |
| Actual direct labor hours | 36,000 | | Sales commissions | $53,800 |
| Estimated direct labor cost | $325,000 | | Factory rent | $48,300 |
| Actual direct labor cost | $320,000 | | Factory property taxes | $28,900 |
| Factory |
$66,800 | | Indirect materials | $33,700 |
Question 42 options:
|
|
$285,500
|
|
|
$228,800
|
|
|
$262,500
|
|
|
$231,700
|
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