Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on direct labor costs. The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year 11,000 di 10,000 di Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final answer to two decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29% ufacturing calculated a predetermined overhead allocation rate at the beginning of the year based costs. The production details for the year are given below: uring overhead costs estimated at the beginning of the year or costs estimated at the beginning of the year or hours estimated at the beginning of the year cturing overhead costs for the year bor costs for the year bor hours for the year $140,000 $320,000 11,000 direct labor hours $160,000 $370,000 10,000 direct labor hours manufacturing overhead allocation rate for the year based on the above data. (Round your final decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29%

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 11PB: When setting its predetermined overhead application rate. Tasty Turtle estimated its overhead would...
icon
Related questions
Question
Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based
on direct labor costs. The production details for the year are given below:
Total manufacturing overhead costs estimated at the beginning of the year
Total direct labor costs estimated at the beginning of the year
Total direct labor hours estimated at the beginning of the year
Actual manufacturing overhead costs for the year
Actual direct labor costs for the year
Actual direct labor hours for the year
11,000 di
10,000 di
Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final
answer to two decimal places.)
A. 28.00%
B. 11.43%
OC. 43.75%
OD. 264.29%
Transcribed Image Text:Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on direct labor costs. The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year 11,000 di 10,000 di Calculate the manufacturing overhead allocation rate for the year based on the above data (Round your final answer to two decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29%
ufacturing calculated a predetermined overhead allocation rate at the beginning of the year based
costs. The production details for the year are given below:
uring overhead costs estimated at the beginning of the year
or costs estimated at the beginning of the year
or hours estimated at the beginning of the year
cturing overhead costs for the year
bor costs for the year
bor hours for the year
$140,000
$320,000
11,000 direct labor hours
$160,000
$370,000
10,000 direct labor hours
manufacturing overhead allocation rate for the year based on the above data. (Round your final
decimal places.)
A. 28.00%
B. 11.43%
OC. 43.75%
OD. 264.29%
Transcribed Image Text:ufacturing calculated a predetermined overhead allocation rate at the beginning of the year based costs. The production details for the year are given below: uring overhead costs estimated at the beginning of the year or costs estimated at the beginning of the year or hours estimated at the beginning of the year cturing overhead costs for the year bor costs for the year bor hours for the year $140,000 $320,000 11,000 direct labor hours $160,000 $370,000 10,000 direct labor hours manufacturing overhead allocation rate for the year based on the above data. (Round your final decimal places.) A. 28.00% B. 11.43% OC. 43.75% OD. 264.29%
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub