Problemfor the current year paxman company incurred 150000, Ask an Expert

Accounting

Problem:

For the current year, Paxman Company incurred $150,000 in actual manufacturing overhead. The Manufacturing Overhead account showed that overhead was overapplied in the amount of $6,000 for the year.

Required:

If the pre-determined overhead rate was $8.00 per direct labor hour, how many direct labor hours were worked during the year?

a. 18,250 hours
b. 19,500 hours
c. 18,750 hours
d. 18,000 hours
e. 17,750 hours

Note: Please show the work not just the answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165753

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