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How many direct labor hours did the company plan to incur

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Question: Welch Corporation uses a predetermined overhead application rate of $.30 per direct labor hour. During the year it incurred $345,000 dollars of actual overhead, but it planned to incur $360,000 of overhead. The company applied $363,000 of overhead during the year. How many direct labor hours did the company plan to incur?

How would you calculate direct labor cost charged for the year in cost accounting?

Reference no: EM132059793

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