Acitelli Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.
The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.
-The applied manufacturing overhead for the year is closest to:

Question

Acitelli Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.
The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. 
-The applied manufacturing overhead for the year is closest to:

Quizplus · Accepted Answer

Manufacturing overhead applied = Predetermined overhead rate F1F1F1S1F1F1F10 Actual amount of the allocation base
= $42.00 per machine-hour F1F1F1S1F1F1F10 8,560 machine-hours
= $359,520

Acitelli Corporation, Which Applies Manufacturing Overhead on the Basis of Machine-Hours