Kizspy | Question: 14 (Choose 1 answer)
At the beginning of the year, manufacturing overhead for the year was estimated to be USD702,450. At the end of the year, actual direct labor hours for the year were 33,100 hours, the actual manufacturing overhead for the year was USD697,450 and manufacturing overhead for the years was over applied by USD40,680.If the predetermined overhead rate is based on direct labor-hours, the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:
A. 31,500 direct labor-hours
B. 29,452 direct labor-hours
C. 31,276 direct labor-hours
D. 33,100 direct labor-hours
