Essay
Application of overhead - missing information
Holden Corporation manufactures a single product.Overhead is applied to production during the year using a predetermined rate based on direct labor cost.During the month of April,50,000 units of output were produced at a total direct labor cost of $425,000.The amount of overhead applied to these units was $2,125,000.Assuming total direct labor cost for the year had been estimated to be $4,125,000,calculate the amount of manufacturing overhead Holden Corporation had estimated it would incur during the year.
What is estimated total manufacturing overhead cost for the year?
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