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Clinton Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct ...

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Clinton Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct ...

Clinton Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor costs. The following are the details of production during the year:

Total manufacturing overhead costs estimated at the beginning of the year   $150,000
Total direct labor costs estimated at the beginning of the year   $350,000
Total direct labor hours estimated at the beginning of the year   11,000 direct labor hours
Actual manufacturing overhead costs for the year   $160,000
Actual direct labor costs for the year   $360,000
Actual direct labor hours for the year   12,400 direct labor hours

Calculate the amount of manufacturing overhead costs allocated to production. (Round any percentages to two decimal places and your final answer to the nearest dollar.)
A) $150,000
B) $154,296
C) $164,571
D) $160,000

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 1006 times

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H3Ko Author

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7 years ago

I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right

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ChaseDunn

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5 years ago

Thank you

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jake55seckman

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4 years ago

thanks

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Erica R.

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4 years ago

Thank you

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kgarciaa

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3 years ago

thank you!!

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