Using the following information, calculate the amount of manufacturing overhead to apply if the company uses direct labor hours to allocate overhead. Estimated Annual Overhead Costs $227,327 Estimated Direct Labor Costs 87,282 Estimated Direct Labor Hours 85,869 Actual Direct Labor Costs 65,700 Actual Direct Labor Hours 69,137 Do not round intermediate calculations, round your final answer to two decimal places.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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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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Using the following information, calculate the amount of manufacturing
overhead to apply if the company uses direct labor hours to allocate
overhead.
Estimated Annual Overhead Costs $227,327
Estimated Direct Labor Costs 87,282
Estimated Direct Labor Hours 85,869
Actual Direct Labor Costs 65,700
Actual Direct Labor Hours 69,137
Do not round intermediate calculations, round your final answer to two
decimal places.
Transcribed Image Text:Using the following information, calculate the amount of manufacturing overhead to apply if the company uses direct labor hours to allocate overhead. Estimated Annual Overhead Costs $227,327 Estimated Direct Labor Costs 87,282 Estimated Direct Labor Hours 85,869 Actual Direct Labor Costs 65,700 Actual Direct Labor Hours 69,137 Do not round intermediate calculations, round your final answer to two decimal places.
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