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Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $245,100 and 10,100 estimated direct laborhours. Actual manufacturing overhead for the year amounted to $245,600 and actual direct labor-hours were 6,400, The applied manufacturing overhead for the year was closest to: (Round your intermediate calculations to 2 decimal places.)
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $245,100 and 10,100 estimated direct laborhours. Actual manufacturing overhead for the year amounted to $245,600 and actual direct labor-hours were 6,400, The applied manufacturing overhead for the year was closest to: (Round your intermediate calculations to 2 decimal places.)
The closest approximation of the appliedmanufacturingoverhead for the year is $155,200, reflecting the company's actual usage of resources and labor-hours compared to the initial estimates.BakaCorporationemploys a predetermined overhead rate determined by direct labor-hours. In the prior year, the company established this rate using an estimated total overhead of $245,100 and projected direct labor hours of 10,100. However, the actual figures for the year differed, with actual manufacturing overhead reaching $245,600 and actual direct labor-hours amounting to 6,400.To calculate the applied manufacturing overhead for the year, the predetermined overhead rate needs to be multiplied by the actual direct labor-hours. The formula for this calculation is:Applied Manufacturing Overhead = Predetermined Overhead Rate * Actual Direct Labor-HoursSubstituting the given values:PredeterminedOverheadRate = Total Estimated Overhead / Estimated Direct Labor-Hours = $245,100 / 10,100 = $24.25 per direct labor-hourApplied Manufacturing Overhead = $24.25 * 6,400 = $155,200Thus, the company's actual use ofresourcesand labor hours as contrasted to early predictions is reflected in the closest approximation of applied manufacturing overhead for the year, which is $155,200.For more such questions onmanufacturingbrainly.com/question/31524658#SPJ11...