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lesantik [10]
3 years ago
14

What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-h

ours
Business
1 answer:
Vesnalui [34]3 years ago
6 0

Answer:

$44,268

Explanation:

Calculation for What is the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours

First step is to calculate the Plant-wide Overhead Rate using this formula

Plant-wide Overhead Rate = Total Overhead / Total Direct Labor Hours

Let plug in the formula

Plant-wide Overhead Rate = $632,400 / 4,800 hours

Plant-wide Overhead Rate = $131.75

Now let calculate the total manufacturing overhead for the current product order

Using this formula

Current product order Total Manufacturing Overhead = Plant-wide Overhead Rate * Direct Labor Hours

Let plug in the formula

Current product order Total Manufacturing overhead= $131.75 *336 hours

Current product order Total Manufacturing overhead= $44,268

Therefore the total manufacturing overhead for the current product order if the firm uses a plantwide rate based on direct labor-hours will be $44,268

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Which of the following statements is true? Group of answer choices Under absorption costing, fixed manufacturing overhead is exp
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\text{Hello There!}

\bold{Stocks} \text{is the act of putting money in a business and expecting to make a profit.}

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\bold{Mutual\;Funds} \text{ is the act of investing in securities with other investors}

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\boxed{There\;isn't\;a\;"best"\;option;\;it\;depends\;on\;what\;you\;prefer.}

\rule{300}{1.0}

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