: Vance Enterprises makes computer components. The company uses direct labor hours as its application base. The predetermined overhead rate for the year was $18.56 per direct labor hour. The estimated manufacturing overhead for the year was $47,362. Rounded to the nearest hour, the budgeted number of direct labor hours for the year was

The budgeted direct labor hours is 2,551.83 direct labor hours

Explanation:

The computation of the budgeted number of direct labour hours is shown below:

= Total estimated manufacturing overhead for the year ÷ predetermined overhead rate

= $47,362 ÷ $18.56

= 2,551.83 direct labor hours

Hence, the budgeted direct labor hours is 2,551.83 direct labor hours

Hence, the same is to be considered

answer; descriptive statistics;