Hogle Manufacturing uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded: The total overhead allocated was
A) $135,000
B) $139,500
C) $141,500
D) $137,000

Question

Hogle Manufacturing uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded:  The total overhead allocated was
A) $135,000 
B) $139,500 
C) $141,500 
D) $137,000

Quizplus · Accepted Answer

The Answer of Hogle Manufacturing uses a standard costing system. The standard time to produce one unit is 4 hours, and normal production is 3,000 units monthly. Overhead costs were estimated to be $135,000. The standard variable overhead rate is $5 per machine hour. During April the following results were recorded:  The total overhead allocated was
A) $135,000 
B) $139,500 
C) $141,500 
D) $137,000

Hogle Manufacturing Uses a Standard Costing System