“22. For 19×4, Parsons Company incurred $250,000 in actual manufacturing overhead cost. The Manufacturing Overhead account showed that overhead was overapplied in the amount of $12,000 for the year. If the predetermined overhead rate was $8.00 per direct labor hour, how many hours were worked during the year? a. 31,250 hours b. 30,250 hours c. 32,750 hours d. 29,750 hours”,”3Number of hours worked during the year:Applied MOH = Actual MOH + Overapplied overhead = 250,000 + 12,000 = $262,000Actual Hrs = Applied MOH/ = 262,000 /= 32,750 Hrs. PredeterminedRate 8.0023.The overhead rate per hour:= Estimated MOH / Estimated activity base= (40,000+8,000+20,000)/16

“22. For 19×4, Parsons Company incurred $250,000 in actual manufacturing overhead cost. The Manufacturing Overhead account showed that overhead was overapplied in the amount of $12,000 for the year. If the predetermined overhead rate was $8.00 per direct labor hour, how many hours were worked during the year? a. 31,250 hours b. 30,250 hours c. 32,750 hours d. 29,750 hours”,”3Number of hours worked during the year:Applied MOH = Actual MOH + Overapplied overhead = 250,000 + 12,000 = $262,000Actual Hrs = Applied MOH/ = 262,000 /= 32,750 Hrs. PredeterminedRate 8.0023.The overhead rate per hour:= Estimated MOH / Estimated activity base= (40,000+8,000+20,000)/16

000 MH= $4.25 per MH”