![ericamoody14](/avatars/15285.jpg)
ericamoody14
15.10.2020 •
Business
Brace Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,600 hours. At the end of the year, actual direct labor-hours for the year were 20,400 hours, the actual manufacturing overhead for the year was $506,920, and manufacturing overhead for the year was underapplied by $23,440. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been:
A. $501,920
B. $531,445
C. $483,480
D. $511,920
Solved
Show answers
More tips
- H Health and Medicine What makes Graves’ disease dangerous?...
- W Work and Career 10 Best Ways To Find A Job: Tips To Land Your Dream Job...
- L Leisure and Entertainment How to Choose a Program for Cutting Music?...
- A Auto and Moto How to choose the right drive for your BMW...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
Answers on questions: Business
- B Business Consider a four-year project with the following information: initial fixed asset investment = $610,000; straight-line depreciation to zero over the four-year life; zero salvage...
- B Business A public good is Group of answer choices a good that government provides to the public, such as roads, education, etc. a good that is consumed in public, such as at a restaurant...
- B Business Luis is the sole shareholder of a corporation, and Eduardo owns a sole proprietorship. Both businesses were started in year 2015, and both make a profit of $80,000 in year 2015....
- B Business The law firm of Furlan and Benson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during July: July 3 Charged...
- B Business DolCor, Inc. is an accounting firm and began operations on January 1, 2019. The company used the accrual basis of accounting to record the following transactions during 2019: a....
- B Business Two investment advisers are comparing performance. One averaged a 16% rate of return and the other a 13% rate of return. However, the beta of the first investor was 1.6, whereas...
- B Business Use the following information to answer the question(s) below: i. the rate of depreciation is 10% per year. ii. the population growth rate is 2% per year. iii. the growth rate of...
- B Business A firm has established a distribution network for the supply of a raw material critical to its manufacturing. Currently there are three origins for this raw material, which must...
- B Business On July 1, 2016, the City of Belvedere accepted a gift of cash in the amount of $3,200,000 from a number of individuals and foundations and signed an agreement to establish a private-purpose...
- B Business Which document is also called as charter of the company (i)i MOAÚ) ProspectusCij AO A(W) Registration contificate...
Ответ:
D. $511,920
Explanation:
For determining the estimated manufaturing overhead first determined the predetermined overhead which is shown below:
= (Actual manufacturing overhead - underapplied overhead) ÷ (actual direct labor hours)
= ($506,920 - $23,440) ÷ (20,400 hours)
= $23.7
Now the estimated manufacturing overhead is
= $23.7 × 21,600 hours
= $511,920
Ответ:
Thx for the points
Explanation: