Davie Company used estimated direct labor hours of 180,000 and estimated manufacturing
overhead costs of $990,000 in establishing its 2009 predetermined manufacturing overhead rate.
Actual results showed:
Actual manufacturing overhead $950,000
Allocated manufacturing overhead $962,500
What was the number of direct labor hours worked during 2009?
A) 192,000 B) 175,000 C) 186,000 D) 180,000
B
Business
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Goal programming provides a method for simultaneously striving to achieve several objectives
Indicate whether this statement is true or false.
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A system in which individuals, rather than the government, make the majority of economic decisions is commonly referred to as a ________
A) command economy B) market economy C) private economy D) mixed economy
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