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CoursHeroTranscribedText: 7. At the beginning of the year, manufacturing overhead for the year was estimated...

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Accounting

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CoursHeroTranscribedText: 7. At the beginning of the year, manufacturing overhead for the year was estimated to be $670,700. At the end of the year, actual direct labour hours for the year were 36,200 hours, the actual manufacturing overhead for the year was $665,700, and manufacturing overhead for the year was overapplied by $22,100. Ifthe predetermined overhead rate is based on direct labour hours, then the estimated direct labour hours at the beginning of the year used in the predetermined overhead rate must have been: A 35,037 direct labour hours B 35,300 direct labour hours C 36,200 direct labour hours D 33,874 direct labour hours B 37,724 direct labour hours

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