Business

Aden Richards

22 July, 13:23

Kilt Company had the following information for the year: Direct materials used $ 119,300 Direct labor incurred (5,750 hours) $ 159,700 Actual manufacturing overhead incurred $ 167,500 Kilt Company used a predetermined overhead rate of $41 per direct labor hour for the year and estimated that direct labor hours would total 5,750 hours. Assume the only inventory balance is an ending Work in Process balance of $17,500. How much overhead was applied during the year?

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