The Quadrangle Fabrication Plant suffered a fire incident at the beginning of the year, which resulted in the loss of property including the accounting records

Question

Some data for the year were retrieved, and extracts from it are shown below:

Total manufacturing overhead costs estimated at the beginning of the year $104,560
Total direct labor costs estimated at the beginning of the year $186,000
Total direct labor hours estimated at the beginning of the year 3,300 direct labor hours
Actual manufacturing overhead costs for the year $99,700
Actual direct labor costs for the year $150,000
Actual direct labor hours for the year 2,100 direct labor hours

The company's manufacturing overhead allocation is based on direct labor hours. How much manufacturing overhead was allocated to production during the year? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $104,560
B) $66,528
C) $164,309
D) $186,000

Answer 1

B .