Martin Manufacturing assigns overhead to jobs based on machine hours. At the beginning of the current year, estimated overhead costs were $250,000 and estimated machine hours were 50,000. During the year, 150 machine hours were used on Job #108. By the end of the year, actual overhead costs were calculated to be $232,500 and actual machine hours were 5,000. How much overhead was applied to Job #108 during the year?
A) $630.00
B) $708.75
C) $622.22
D) $750.00
Correct Answer:
Verified
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