USt or goods Will have to be increased by the amount of the over applied overhead.None of the aboveManagers at X company think machine hours is the best activity base formanufacturing overhead. The annual estimated overhead costs was $3,000.000.The annual estimated machine hours were 30,000 hours. The company used 60hours of processing on Job No.102 during the period and incurred overheadcosts totaling $2,850,000. How much overhead should be applied to Job No.102?$6,000$5,700$100None of the above

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Description: USt or goods Will have to be increased by the amount of the over applied overhead.None of the aboveManagers at X company think machine hours is the best activity base formanufacturing overhead. The annual estimated overhead costs was $3,000.000.The

Estimated Annual overhead costs for jobs = $3,000,000 The company used 60 hours of processing on…

Answered: O. How much overhead should be applied…

Business

Accounting

O. How much overhead should be applied to Job No.102?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 8MC: A company calculated the predetermined overhead based on an estimated overhead of $70.000, and the...

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A company calculated the predetermined overhead based on an estimated overhead of $70.000, and the activity for the cost driver was estimated as 2,500 hours. If product A utilized 1,350 hours and product 8 utilized 1,100 hours, what was the total amount of overhead assigned to the products? A. $35000 B. $30.800 C. $37,800 D. $68,600
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