Overhead was estimated to be $200,000 for the year along with 20,000 direct labo

Question

Overhead was estimated to be $200,000 for the year along with 20,000 direct labour hours. Actual overhead was $215,000, actual labour hours were 21,000. The predetermined overhead rate would be Overhead was estimated to be $200,000 for the year along with 20,000 direct labor hours. Actual overhead was $215,000, actual labor hours were 21,000. The amount of overhead applied to production would be Overhead was estimated to be $200,000 for the year along with 20,000 direct labor hours. Actual overhead was $215,000, actual labor hours were 21,000. The amount debited to the manufacturing overhead account would be Overhead w as estimated to be $200,000 for the year along with 20,000 direct labor hours. Actual overhead was $215,000, actual labor hours were 21,000, live amount credited to the manufacturing overhead account would be

Explanation / Answer

As per Chegg Guidelines we answer one question per post. I have answered more than 1 question. Kindly post remaining questions in separate post to get the best answers as I am not sure about remaining 2 questions Q54   A $10 Estimated Overhead    200,000.00 Estimated DL hours      20,000.00 Predetermined O/H Rate =Estimated O/H/Estimated DL hours Predetermined O/H Rate =200,000/20,000 Predetermined O/H Rate =10 Q55 C $210,000 Predetermined O/H Rate =10 Actual Labour hours      21,000.00 Applied O/H = Actual hours*Predetermined O.H Rate Applied O/H = 21,000*10 Applied O/H = 210,000

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