Hockey Accessories Corporation manufactured 23,000 duffle bags during March. The following fixed overhead data pertain to March:                                                           Actual                  Static Budget   Production                                       23,000 units        23,500 units Machine-hours                                13,100 hours       14,100 hours Fixed overhead cost for March      $626,100             $634,500   What is the amount of fixed overhead allocated to production? Show your calculations

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 7EB: A company estimates its manufacturing overhead will be $840,000 for the next year. What is the...
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Hockey Accessories Corporation manufactured 23,000 duffle bags during March. The following fixed overhead data pertain to March:

                                                          Actual                  Static Budget  

Production                                       23,000 units        23,500 units

Machine-hours                                13,100 hours       14,100 hours

Fixed overhead cost for March      $626,100             $634,500

 

What is the amount of fixed overhead allocated to production? Show your calculations

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