Cambridge Corporation applied factory overhead costs of $205,000 to production during the current year.At the end of the year,total overapplied factory overhead is $17,000.What was the amount of actual factory overhead cost incurred during the year?

Question

Quizplus · Accepted Answer

The actual factory overhead cost incurred is calculated by subtracting the overapplied overhead from the applied overhead: $205,000 - $17,000 = $188,000.

Cambridge Corporation Applied Factory Overhead Costs of $205,000 to Production