Falstaff Products allocates manufacturing overhead with a rate of $62.50 per machine hour. Job number 300 was just completed. It used 12 machine hours. How much overhead was allocated to the job?

Question

Quizplus · Accepted Answer

The overhead allocated to the job is calculated by multiplying the overhead rate by the number of machine hours used: $62.50 * 12 = $750.

Falstaff Products Allocates Manufacturing Overhead with a Rate of $62