Blakely charges manufacturing overhead to products by using a predetermined application rate, computed on the...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Blakely charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain 23 to the current year: Budgeted manufacturing overhead: $600,000 Actual manufacturing overhead: $560,000 Budgeted machine hours: 25,000 Actual machine hours: 20,000 04:31:47 Overhead applied to production totaled: Print Multiple Choice $448,000 $480,000. $700,000. $750,000 some other amount Boxer Industries worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review ofjob no. 403's cost record revealed direct material charges of $55,000 and total manufacturing costs of $66,500. If Boxer applies overhead at 26 150% of direct labor cost, the overhead applied to job no. 403 must have been: 04:28:20 Multiple Choice Print $0. $6,900. $4,600 $3,833. $5,750
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!