Required for the periods estimated level of production

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Reference no: EM13864738

Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 33,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $565,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris's actual manufacturing overhead for the year was $725,986 and its actual total direct labor was 33,500 hours.

Reference no: EM13864738

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Required for the periods estimated level of production : Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 33,000 direct labor-hours would be required for the period’s estimated level of production.

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