Ill like/thumbs up the answer!
Posted: Fri Jul 01, 2022 8:46 am
Ill like/thumbs up the answer!
Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the labor-hours for the upcoming year at 43,600 labor-hours. The estimated variable manufacturing overhead was $6.17 per labor-hour and the estimated total fixed manufacturing overhead was $1,245,216 The actual labor-hours for the year turned out to be 40,800 labor-hours. The predetermined overhead rate for the recently completed year was closest to
O O O O $34.73 per labor-hour $37.11 per labor-hour $28.56 per labor-hour $6.17 per labor-hour
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O O O O $34.73 per labor-hour $37.11 per labor-hour $28.56 per labor-hour $6.17 per labor-hour