Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. luthan company uses a plantwide predetermined over

Luthan Company uses a plantwide predetermined overhead rate of $23.50 per direct labor-hour. This predetermined...

80.2K

Verified Solution

Question

Accounting

Luthan Company uses a plantwide predetermined overhead rate of $23.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $282,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor-hours.

The company incurred actual total manufacturing overhead cost of $268,000 and 11,700 total direct labor-hours during the period.

Required:

Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

A cube has sides of length L = 1.00 mm. One corner is at the origin....

Physics
1.2K views

IP A charge of 19.0 μC is held fixed at the origin. Part A- If a -5.50 μC...

Basic Math
1.2K views

Find the equation of the line, in slope-intercept form, that satisfies the given conditions.The graph...

Accounting
1.2K views

Lemony Lemonade has 3,400 gallons of lemonade in WIP Inventory, with 80% of...

Accounting
1.2K views

Direct material cars: $5,000 watches: $1,000 labor hours cars: 9...

Accounting
1.2K views

OSK Kieso, Intermediate...

Accounting
1.2K views

Determining Cash Paid to Stockholders The board of directors declared cash...

Accounting
1.2K views

ngrum Corporation produces and sells two products. In the most recent month, Product R38T had...

Accounting
1.2K views

Diego Company manufactures one product that is sold for $76 per unit in two geographic...

Accounting
1.2K views

CH 8 Mastery Direct...

Accounting
1.2K views

Chap 12 Probs 16 & 17 Help Save & Exit Submit Saved Check my work...

Accounting
1.2K views

Altra Corporation provides the following information related to its merchandise inventory during the month of...