Likes Incorporated makes a single product--a cooling coil used in commercial refrigerators.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below:
The total amount of manufacturing overhead applied is closest to:
A) $488,400
B) $424,320
C) $432,640
D) $498,000

Question

Likes Incorporated makes a single product--a cooling coil used in commercial refrigerators.The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period.Data concerning the most recent year appear below:
 The total amount of manufacturing overhead applied is closest to:
A) $488,400 
B) $424,320 
C) $432,640 
D) $498,000

Quizplus · Accepted Answer

11ea7761_172b_f109_81a5_25e915c1de47_TB2580_00

Likes Incorporated Makes a Single Product--A Cooling Coil Used in Commercial