Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow.
The estimates were made as of the beginning of the year, while the actual results were for the entire year.
The manufacturing overhead for the year would have been

Question

Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. 
 The estimates were made as of the beginning of the year, while the actual results were for the entire year.
The manufacturing overhead for the year would have been

Quizplus · Accepted Answer

C) $300,000 / 20,000 = $15.00 × 22,000 = $330,000
Then $330,000 - 290,000 = $40,000 overallocated

Ryan's Paints Allocates Overhead Based on Machine Hours