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Compute the allocated manufacturing overhead be for the year

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Reference no: EM133077320

Question - Slow Steel Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year:

Estimated direct labor cost $500,500

Actual direct labor cost $465,600

Estimated manufacturing overhead costs $385,385

Actual manufacturing overhead costs $350,900

Estimated direct labor hours 250,600

Actual direct labor hours 232,700

If Slow Silver Company uses direct labor cost as the allocation base, compute the allocated manufacturing overhead be for the year.

Reference no: EM133077320

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