Rockingham Manufacturing Company builds highly sophisticated engine parts for cars competing in stock racing and drag racing.The company uses a normal costing system that applies factory overhead on the basis of direct labor-hours.For 2010 the company estimated that it would incur $256,000 in factory overhead costs and 16,000 direct labor-hours.The April 1,2010,balance in inventory accounts follow:

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The Answer of Rockingham Manufacturing Company builds highly sophisticated engine parts for cars competing in stock racing and drag racing.The company uses a normal costing system that applies factory overhead on the basis of direct labor-hours.For 2010 the company estimated that it would incur $256,000 in factory overhead costs and 16,000 direct labor-hours.The April 1,2010,balance in inventory accounts follow:

Rockingham Manufacturing Company Builds Highly Sophisticated Engine Parts for Cars