Business, 24.04.2020 20:55 19thomasar

A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity 6,800 DLHs Overhead costs at the denominator activity level: Variable overhead cost $ 31,710 Fixed overhead cost $ 96,810 The following data pertain to operations for the most recent period: Actual hours 7,000 DLHs Standard hours allowed for the actual output 6,984 DLHs Actual total variable manufacturing overhead cost $ 30,890 Actual total fixed manufacturing overhead cost $ 97,430 The overhead applied to products during the period was closest to: (Round your intermediate calculations to 2 decimal places.)

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A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as...