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How many direct labor hours were actually worked

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Problem - Nissan Company estimated direct labor hours for 2015 to be 117,000 hours with budgeted overhead of P2,340,000. The company applies factory overhead on the basis of direct labor hours. During the year, record shows that factory overhead incurred were the same as planned and the factory overhead account resulted to a debit balance of P78,000. How many direct labor hours were actually worked during 2015?

Reference no: EM132864471

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