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The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:           Actual manufacturing overhead costs $ 224,500   Actual direct labor hours   56,100   Actual direct labor costs $ 457,000   Estimated manufacturing overhead costs $ 197,340   Estimated direct labor $ 446,000   Estimated direct labor hours   57,200       What is the predetermined manufacturing overhead rate per direct labor hour?   Multiple Choice A) $3.45. B) $3.92. C) $4.00. D) $3.52.

The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:           Actual manufacturing overhead costs $ 224,500   Actual direct labor hours   56,100   Actual direct labor costs $ 457,000   Estimated manufacturing overhead costs $ 197,340   Estimated direct labor $ 446,000   Estimated direct labor hours   57,200       What is the predetermined manufacturing overhead rate per direct labor hour?   Multiple Choice A) $3.45. B) $3.92. C) $4.00. D) $3.52.

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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TB MC Qu. 6-52 (Algo) The following information has been gathered...

 

The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:

 

       
Actual manufacturing overhead costs $ 224,500  
Actual direct labor hours   56,100  
Actual direct labor costs $ 457,000  
Estimated manufacturing overhead costs $ 197,340  
Estimated direct labor $ 446,000  
Estimated direct labor hours   57,200  
 

 

What is the predetermined manufacturing overhead rate per direct labor hour?

 

Multiple Choice
  • A)

    $3.45.

  • B)

    $3.92.

  • C)

    $4.00.

  • D)

    $3.52.

 
Which answer is correct ?
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