Multiple Choice
Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $423,870. At the end of the year, actual direct labor-hours for the year were 19,400 hours, manufacturing overhead for the year was underapplied by $5,650, and the actual manufacturing overhead was $418,870. The predetermined overhead rate for the year must have been closest to:
A) $21.59
B) $20.76
C) $21.30
D) $21.85
Correct Answer:
Verified
Correct Answer:
Verified
Q55: The direct labor cost was:<br>A)$8,000<br>B)$12,300<br>C)$12,600<br>D)$11,000
Q56: Traves Corporation incurred $69,000 of actual Manufacturing
Q57: What account should Chelm debit when the
Q58: The Work in Process inventory account of
Q59: The manufacturing overhead applied was:<br>A)$1,900<br>B)$6,800<br>C)$12,900<br>D)$3,000
Q61: Donham Corporation had $25,000 of raw materials
Q62: The predetermined overhead rate is closest to:<br>A)$36.60<br>B)$36.41<br>C)$36.24<br>D)$36.05
Q63: Indirect materials are charged to specific jobs.
Q64: Evener Inc. has provided the following data
Q65: The following accounts are from last year's