Midwest Corporation has provided the following data concerning manufacturing overhead for 2020:
Estimated manufacturing overhead for the year $ 37,080
Estimated direct labor hours for the year 2,060
Two jobs were worked on during the year: Job A-101 and Job A-102. The number of direct labor-hours spent on Job A-101 and Job A-102 were 1,230 and 1,600, respectively. The actual manufacturing overhead was $43,600.
What is the predetermined manufacturing overhead rate per direct labor hour for the year?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Midwest Corporation has provided the following data concerning manufacturing overhead for 2020: Estimated manufacturing overhead for the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Most successful people are foward thinkers who set unrealistic goals so that they work more diligently true or false.
Answers (1)
What are examples of Information Technology careers? Check all that apply. Web Developer Video Game Designer Computer Programmer Security Guard Information Security Analyst Purchasing Manager Computer User Support Specialist Product Safety Engineer
Answers (2)
In selecting machine usage as the primary cost driver of overhead costs for the Production Department, management feels that there is a direct relationship between the number of machine hours used and the amount of overhead costs incurred.
Answers (1)
New Balance recently spent $13 million for time on television and space in selected magazines to promote its athletic shoes. What form of marketing communication did it use? a. public relations b. personal selling c. publicity d. sales promotion e.
Answers (1)
If quality is defined as meeting customer expectations, what does measuring quality require? a. All of the answers are correct b. Weights to combine the various deviations from expectations c. Knowledge of customer expectations d.
Answers (1)
New Questions in Business
Whih of the following is NOT a factor to consider when examining job satisfaction? A. Pay. B coworkers. C. Job tasks. D supervisors
Answers (1)
Bob's Clothing Shop's inventory at cost was $30,000 on January 1. Its retail value is $42,000. During the year, Bob's Clothing Shop purchased additional merchandise at a cost of $196,000 with a retail value of $368,000.
Answers (1)
The preferred stock of Nadine Fashions pays an annual dividend of $2.25 a share and sells for $38.75 a share. The tax rate is 32 percent. What is the firm's cost of preferred stock? 9.5% 7.26% 8.39% 5.81% 10.14%
Answers (1)
During the summer you have made the decision to attend summer school, which precludes you from working at your usual summer job in which you normally earn $6,000 for the summer.
Answers (1)
This news segment comes at a time when Alibaba was preparing to offer its stock to investors through the New York Stock Exchange. The company will raise funds through this process.
Answers (1)