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At the begging of the year, Crane Company estimates annual overhead costs to be 2400000 and that 100000 machine hours will be operated. Using machine hours as a base, the amount of overhead apllied during the year if actual machine hours for the year was 115000 hours is?

Question

At the begging of the year, Crane Company estimates annual overhead costs to be 2400000 and that 100000 machine hours will be operated. Using machine hours as a base, the amount of overhead apllied during the year if actual machine hours for the year was 115000 hours is?

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Step 1

Calculate overhead cost per machine hour:

 

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Step 2

Calculate the amount of overhead apllied during the year if actual machine hours for the year was 115000 hours:

Overhead applied = Actua...

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