Forsyth Company uses estimated direct labor hours of 150,000 and estimated manufacturing overhead costs of $337,500 in establishing its 2011 predetermined manufacturing overhead rate. Results show actual manufacturing overhead of $346,500 and applied manufacturing overhead of $343,800 . The number of direct labor hours worked during the period was:
a. 154,000
b. 150,000
c. 152,800
d. 148,831
e. 146,000
c
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Indicate whether the statement is true or false
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What will be an ideal response?