Business, 19.03.2020 18:19 Kinglilray998
Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review of the company's accounting records for the year just ended discovered the following:
Under-applied manufacturing overhead: $7,200
Actual manufacturing overhead: $392,000
Budgeted labor hours: 50,000
Simone's actual labor hours worked totaled:
a. 48,100
b. 49,100
c. 49,900
d. 50,900
e. cannot be determined based on the information presented
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 20:40, Blazingangelkl
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
You know the right answer?
Simone uses a predetermined overhead application rate of $8 per direct labor hour. A review of the c...
Questions in other subjects:
Mathematics, 29.08.2019 18:00
