Fortune Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. On October 1, the estimates for the month were: Manufacturing overhead $ 17,000 Direct labor-hours 13,600 During October, the actual results were: Manufacturing overhead $ 18,500 Direct labor-hours 12,000 The cost records for October will show:

Fortune Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. On October 1, the estimates for the month were: Manufacturing overhead $ 17,000...

Fortune Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs.


On October 1, the estimates for the month were:
Manufacturing overhead	$	17,000
Direct labor-hours		13,600
During October, the actual results were:
Manufacturing overhead	$	18,500
Direct labor-hours		12,000

The cost records for October will show:

Jun 02, 2022

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