Morgan Corporation uses estimated direct labor hours of 200,000 and estimated manufacturing overhead costs of $920,000 in establishing manufacturing overhead rates. Actual manufacturing overhead was $970,000, and allocated manufacturing overhead was $1,012,000. What were the number of actual direct hours worked?
A) 200,000
B) 208,660
C) 189,691
D) 220,000
Correct Answer:
Verified
Q141: How is the cost-plus price determined?
A)Cost -
Q147: Which of the following is not a
Q148: The total cost of a job shown
Q151: If a job consists of a batch
Q154: Management can use job cost information for
Q155: The gross profit on the sale of
Q160: _ laws , or "take-back" laws, create
Q161: Ohio Steel uses a job costing system.
Q166: Sykes Company has sales revenue of $585,000.Cost
Q171: Sales revenue is $750,000;actual manufacturing overhead is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents