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Marigold Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...

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?

$80000
$77500
$1600
$1550
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Answer #1

Answer: $77500

Explanation:

MOH Rate = Annual overhead / Machine hours

MOH Rate = $1550000 / 20000 hours = $77.5

Overhead applies to Job No B12 = 1000hours * $77.5 = $77500 (Answer)

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