Wert corporation uses a predetermined overhead rate based, Ask an Expert

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Wert Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. Last year, the company's estimated manufacturing overhead was $1,720,000 and its estimated level of activity was 50,000 direct labor-hours. The company's direct labor wage rate is $12 per hour. Actual manufacturing overhead amounted to $2,000,000, with actual direct labor cost of $780,000. For the year, manufacturing overhead was:

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Financial Accounting, Accounting

Category:- Financial Accounting
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