Peterson Company has applied overhead of $75,000 and actual overhead of $87,600 for the month of October. It applies overhead on the basis of direct labour hours, which equalled 15,000 in October. Overhead for the year was estimated to be $925,000. What are the direct labour hours estimated for the year?

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The Answer of Peterson Company has applied overhead of $75,000 and actual overhead of $87,600 for the month of October. It applies overhead on the basis of direct labour hours, which equalled 15,000 in October. Overhead for the year was estimated to be $925,000. What are the direct labour hours estimated for the year?

Peterson Company Has Applied Overhead of $75,000 and Actual Overhead