Kanuck Company applies overhead to completed jobs on the basis of $0.70 per machine hour.If Job 501 shows $28,000 of manufacturing overhead applied,how many machine hours were used for the job?

Question

Quizplus · Accepted Answer

To find the number of machine hours used, divide the total manufacturing overhead applied ($28,000) by the overhead rate per machine hour ($0.70). This gives 40,000 machine hours.

Kanuck Company Applies Overhead to Completed Jobs on the Basis