Answer ) $ 60,000
Workings
Overhead rate = Total Overhead Cost / Budgeted machine hours
= $ 4,200,000 / 210,000 hours
= $ 20 per hour
Job No.E20 used 3000 hours.
Therfore, overhead applied = Hours used * Overhead Rate
= 3000 hours * 20 per hour
= $ 60,000
Starlight, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Vaughn Manufacturing thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1350000. The company used 1000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $1400000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No. B12? $70000 $1400 $67500 $1350
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Marigold Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1550000. The company used 1000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $1600000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No. B12? Sheridan Company manufactures customized desks. The following pertains to Job No. 953: Direct materials used $31800...
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