Pasqua Corporation budgeted manufacturing overhead to be $1,…
Questions
Pаsquа Cоrpоrаtiоn budgeted manufacturing overhead to be $1,400,000 in the coming year. The company uses direct labor hours to allocate overhead to Work-in-Process. The estimated hours for the year total 70,000 direct labor hours. If 72,000 direct labor hours were actually worked during the period, how much overhead was allocated to the Work-in-Process inventory?