Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of...
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Accounting
Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $61,400 and 2,000 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $63,350 and actual direct labor-hours were 1,850.
| The applied manufacturing overhead for the year was closest to: (Round your intermediate calculations to 2 decimal places.) |
| $61,643 | |
| $56,795 | |
| $53,819 | |
| $58,475 |
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