Triangle Catering assigns overhead to specific jobs based on direct labor hours. At the beginning of the current year, estimated overhead costs were $650,000 and estimated direct labor hours were 50,000. By the end of the year, actual overhead costs were calculated to be $685,000 and actual direct labor hours were 55,000.
Required:

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The Answer of Triangle Catering assigns overhead to specific jobs based on direct labor hours. At the beginning of the current year, estimated overhead costs were $650,000 and estimated direct labor hours were 50,000. By the end of the year, actual overhead costs were calculated to be $685,000 and actual direct labor hours were 55,000.
Required:

Triangle Catering Assigns Overhead to Specific Jobs Based on Direct