A manufacturer of industrial equipment uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period:
-How much overhead was applied to products during the period to the nearest dollar?
A) $77,645
B) $73,255
C) $74,715
D) $75,594

Question

A manufacturer of industrial equipment uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:  The following data pertain to operations for the most recent period: 
-How much overhead was applied to products during the period to the nearest dollar?
A) $77,645 
B) $73,255 
C) $74,715 
D) $75,594

Quizplus · Accepted Answer

The correct overhead applied to products during the period is $75,594, which is the closest to the calculated or given overhead amount.

A Manufacturer of Industrial Equipment Uses a Standard Costing System