Solution-How many direct labor hours were estimated for the

How many direct labor hours were estimated for the year

Assignment Help Managerial Accounting

Reference no: EM132767584

Question - Ganon Co. applies overhead based on direct labor hours. They have an applied overhead of $46,000 and actual overhead of $66,500 for the month of March. In March, the total number of direct labor hours was 1,500 and the total number of machine hours was 5,910. Overhead for the year was estimated to be $690,000. How many direct labor hours were estimated for the year?

a) $15,564

b) $57,500

c) $61,322

d) $88,650

e) $22,500

Reference no: EM132767584

Questions Cloud

Provide your methodology and evaluation plans : Provide your Methodology and Evaluation Plans. In developing the methodology for your project, keep these thoughts in mind:

What is obligation when you purchase this futures contract : Treasury bond futures contract at a price of 95 percent of the face value, $100,000. What is obligation when you purchase this futures contract

Relative strengths and weaknesses of the modal : What are the relative strengths and weaknesses of the modal options you are recommending and the wider issues that need to be considered?

Applying for nursing home management position : You are applying for nursing home management position. Build a professional resume and cover later by using professional wordings,

How many direct labor hours were estimated for the year : They have an applied overhead of $46,000 and actual overhead of $66,500 for the month of March. How many direct labor hours were estimated for the year

What are common characteristics of intelligent behavior : Choose one theory of intelligence presented in this unit, and explain what it means in your own words. What are common characteristics of intelligent behavior

How is receiving the loan proceeds on October : Your Company borrowed $50,000 on October 1, 2019. The loan was for 18-months and the interest rate was 6%. How is receiving the loan proceeds on October

Explain traditional case for international diversification : Explain the traditional case for international diversification. What are some features of alternative investments? Describe at least two

Compute the amount reported as net deferred income taxes : Compute the amount reported as net deferred income taxes on Krause's balance sheet at December 31, 2017 should be an Asset or Liability

User Account

All Pages

How many direct labor hours were estimated for the year

Reference no: EM132767584

Reference no: EM132767584

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT