the overman company manufactures products in two department:mixing and packaging. the company allocates manufacturing overhead...

60.1K

Verified Solution

Question

Accounting

the overman company manufactures products in two department:mixing and packaging. the company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. estimated overhead costs for the year are 847,400 and estimated direct labor hours are 380,000/. in october, the company incurred 20,000 labor hours.

-compute the predetermined overhead allocation rate.

-overhead allocated in october

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students