Forsyth,Inc The Number of Direct Labor Hours Worked During the Period

question 71

Multiple Choice

Forsyth,Inc.uses estimated direct labor hours of 240,000 and estimated manufacturing overhead costs of $1,150,000 in establishing its predetermined overhead allocation rate for the year.Actual results showed the following: $$\begin{array} { | l | l | } \hline \text { Actual manufacturing overhead } & \$ 800,000 \\\hline \text { Allocated manufacturing overhead } & \$ 900,000 \\\hline\end{array}$$
The number of direct labor hours worked during the period was ________.(Round any intermediate calculations to two decimal places,and your final answer to the nearest whole number.)

• A) 240,000 hours
• B) 187,891 hours
• C) 167,015 hours
• D) 213,333 hours

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Definitions:

Collective Unconscious

A concept in psychology that refers to the part of the unconscious mind which is derived from ancestral memory and experience and is common to all humankind.

Superego

In Freudian psychoanalysis, the part of the personality that acts as the moral center, imposing the values and morals learned from parents and society.

Ideal Self

Represents a person's conception of how they would like to be, encompassing aspirations, goals, and standards against which current self is measured.

Gratification

The feeling of pleasure or satisfaction that comes from fulfilling a desire or need.