What factory overhead allocation using the single plantwide

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Problem 1: The Nite Lite Factory has determined that its budgeted factory overhead budget for the year is P6,750,000 and budgeted direct labor hours are 5,000,000. If the actual direct labors for the period are 180,000 and direct labor hours is the allocation base, the factory overhead allocation using the single plantwide factory overhead rate is?

a. P375,000

b. P133,333

c. P243,000

d. cannot be determined

Reference no: EM132759743

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