Akki Fabrication uses a predetermined manufacturing overhead rate of $10 per direct labor hour. A review of their year end accounting records revealed the following:
Over-applied manufacturing overhead before adjustment = $9,200
Actual manufacturing overhead = $400,000
Budgeted direct labor hours = 53,000
Akki Fabrication's actual direct labor hours worked totaled:
a. 39,080
b. 48,100
c. None of the other answers are correct
d. 40,920
e. 45.920
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Akki Fabrication uses a predetermined manufacturing overhead rate of $10 per direct labor hour. A review of their year end accounting ...” 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
What is indifference curve
Answers (1)
Which journal entry reflects the adjusting entry needed on December 31?: Last year, BOC purchased a building for $1,000,000. The expected life of the building is 20 years and its expected salvage value is $200,000.
Answers (1)
What is the human capital perspective argument for diversity management in leadership and management?
Answers (1)
Which goal is an example of a measurable goal
Answers (1)
An entity has decided to focus strictly on producing and selling one type of teddy bear. For the upcoming year, the entity hopes to make a 25% profit on sales. Fixed costs are set at $51,000, and variable costs are $9.50 per unit.
Answers (1)
New Questions in Business
If the reserve requirement was 15% and a bank customer makes a deposit of $500, the initial result would be: a. a $3,333 increase in required reserves and an $425 increase in excess reserves. be.
Answers (1)
The following standards have been established for a raw material used to make product O84: Standard quantity of the material per unit of output 8.9 meters Standard price of the material $ 19.
Answers (1)
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash.
Answers (1)
Which of the following asset accounts is increased when a receivable is collected? a. Accounts Payable b. Supplies c. Cash d. Accounts Receivable
Answers (1)
A basic premise of the National Response Framework is that response structures and resources must be able to expand rapidly to meet needs associated with a given incident. A. TRUE B. FALSE
Answers (1)