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lora16 [44]
2 years ago
5

A company is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $492,000 and

30,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $517,000 and 28,300 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
KatRina [158]2 years ago
8 0

Answer:

$ 464,120

Explanation:

Calculation to determine what The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:

Estimated overhead Rate = ( Estimated Fixed Manufacturing Overhead) / (Estimated Machine Hours )

Estimated overhead Rate = $ 492,000 / 30,000 hours

Estimated overhead Rate = $ 16.4 / hr

Total amount of overhead =Overhead Rate × Actual total machine-hours

Total amount of overhead = $ 16.4 / hr × 28,300 hours

Total amount of overhead= $ 464,120

Therefore The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:$ 464,120

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Which statement BEST explains this investment?
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pochemuha

Answer:

The correct answer is option A.

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