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Author Question: Lawrence Corporation had actual manufacturing overhead costs of $29,500 for the past year. Direct ... (Read 86 times)

Mr. Wonderful

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Lawrence Corporation had actual manufacturing overhead costs of $29,500 for the past year. Direct labour cost is $17.50 per hour. Manufacturing overhead is allocated at a rate of $2.50 per direct labour hour. Manufacturing overhead was overallocated for the year by $1,500.

Calculate:
A) Allocated manufacturing overhead costs for year
B) Actual number of direct labour hours worked in year


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Marked as best answer by Mr. Wonderful on Jan 4, 2020

Cheesycrackers

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Mr. Wonderful

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Reply 2 on: Jan 4, 2020
Thanks for the timely response, appreciate it


Jossy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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