Predetermined overhead rate based on direct labor-hours

Assignment Help Accounting Basics

Reference no: EM13818768

Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 49,000 actual direct labor-hours and incurred $658,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 47,000 direct labor-hours during the year and incur $611,000 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was:

underapplied by $21,000
overapplied by $26,000
overapplied by $21,000
underapplied by $26,000

Reference no: EM13818768

Questions Cloud

Describe the culture of the organization : Describe the culture of the organization and how the symbols convey the culture. Describe the strengths and weaknesses of the organization from a cultural perspective.

Perform extensive research on microsoft company : perform extensive research on microsoft company in order to evaluate its ethics. You will consider a range of issues, such as: sustainability, environmental impact, newsworthy controversies, etc

Design a gui program : Design a GUI program

Design evaluation criteria for purchase of lighting system : You are the purchasing agent for CSU. Your manager has asked you to design evaluation criteria for purchase of the new lighting system.

Predetermined overhead rate based on direct labor-hours : Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs.

Describe the logistics and supply chain management system : Describe the logistics and supply chain management system of your firm or a firm you have researched

Utilizing microsoft visual c# : Utilizing Microsoft Visual C#,

List the current members on the board of governors : Go to the Federal Reserve website: or any other related website, and find the following information: List the current members on the Board of Governors of the Federal Reserve System.

Create an application that allows the user to enter the data : Create an application that allows the user to enter the following employee data

User Account

All Pages