Question 25 (of 30) 5· value 3.33 points Kit Company had the following informati

Question

Question 25 (of 30) 5· value 3.33 points Kit Company had the following information for the year Direct materials used Direct labor incurred (5,500 hours) Actual manufacturing overhead incurred $116,300 153700 $174.400 Kilt Company used a predetermined overhead rate of $35 per direct labor hour for the year and estimated that direct labor hours would total 5.500 hours. Assume the only inventory balance is an ending Work in Process balance of $17,200. How much overhead was applied during the year? O $192.500 O $153700 O S174 400 O $116,300 Type here to search 0 SC

Explanation / Answer

Overhead applied=Predetermined rate*Direct labor hours

which is equl to

=($35*5500)

=$192500(A).

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