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Author Question: The following information was gathered for Longview Company for the year ended December 31, 2018: ... (Read 309 times)

james

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The following information was gathered for Longview Company for the year ended December 31, 2018:

BudgetedActual
Direct labor-hours75,000dlh80,000dlh
Factory overhead$600,000$625,000

Assume that direct labor-hours are the cost-allocation base.

Required:
a.Compute the budgeted factory overhead rate.
b.Compute the factory overhead applied.
c.Compute the amount of over/underapplied overhead. 


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Marked as best answer by james on Mar 6, 2021

nguyenhoanhat

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james

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Reply 2 on: Mar 6, 2021
Wow, this really help


tanna.moeller

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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