Assume the following for Round Top, Inc., for 2010. Round Top applies overhead on the basis of

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Assume the following for Round Top, Inc., for 2010. Round Top applies overhead on the basis of units produced.
Budgeted overhead .......... $350,000
Actual overhead .............. $360,000
Actual labor-hours ......... 22,000
Actual number of units sold ...... 650,000
Overapplied overhead ......... $ 30,000
Budgeted production (units) ..... 700,000

Required
How many units were produced in 2010?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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