Assume that HiTech is using a volume-based costing system, and the preceding overhead costs are applied to all products on the basis of direct labor hours. The overhead cost that would be assigned to the Standard product line is closest to:
A) $456,471.
B) $646,471.
C) $961,176.
D) $1,141,176.
E) None of the other answers is correct.

Question

Quizplus · Accepted Answer

The Answer of Assume that HiTech is using a volume-based costing system, and the preceding overhead costs are applied to all products on the basis of direct labor hours. The overhead cost that would be assigned to the Standard product line is closest to:
A) $456,471.
B) $646,471.
C) $961,176.
D) $1,141,176.
E) None of the other answers is correct.

Assume That HiTech Is Using a Volume-Based Costing System, and the Preceding