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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The following accounts and balances are taken from Moore Company's adjusted trial balance: Accounts Payable $8,000 Accounts Receivable 3,400 Accumulated Depreciation 1,400 Depreciation Expense 1,800 Dividends 2,800 Insurance Expense 2,300 Interest
Answers (1)
Osborn Manufacturing uses a predetermined overhead rate of $20.00 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $276,000 of total manufacturing overhead for an estimated activity level of 13,800 direct
Answers (1)
The maturity matching, or "self-liquidating", approach to financing involves obtaining the funds for permanent current assets with a combination of long-term capital and short-term capital that varies depending on the level of interest rates.
Answers (1)
What is it like to be a criminal in a command economy
Answers (1)
A corporation has issued 30,000 shares of $50 par common stock and holds 5,000 of these shares as treasury stock. If the corporation declares a $1 per share cash dividend, what amount will be recorded as cash dividends?
Answers (1)
New Questions in Business
On faxed documents, it is often difficult to tell if a signature is authentic, both because clarity is a problem and also because signatures can be cut and pasted onto new documents from old documents.
Answers (1)
The ability of a business to pay obligations that are expected to become due within the next year or operating cycle is
Answers (1)
The Austrian-company Wienerberger is the world's largest brickmaker. It had to use the management function of_when it integrated the employees and manufacturing facilities that it gained from a merger with a brickmaking company in Great Britain.
Answers (1)
On November 1, 2018, Cullumber Farm entered into a contract to buy a $162000 harvester from John Deere. The contract required Cullumber Farm to pay $162000 in advance on November 1, 2018.
Answers (1)
Which of the following is an advantage corporations enjoy over sole proprietorships? O A. Corporations have an easier time raising money to start or expand a business. O B.
Answers (1)