Question: At Marlins biscuit factory, manufacturing overhead is applied based on direct labor cost. At the beginning of 2019, Marlins cost accountant estimated the following information
At Marlins biscuit factory, manufacturing overhead is applied based on direct labor cost. At the beginning of 2019, Marlins cost accountant estimated the following information for the year: Total DM Costs $800,000 Direct Labor Hours 59,000 hours Cost per DLH $14/hour Total Machine Hours 3,150 hours Total MOH Costs $620,000 At the end of 2019, the cost accountant noted that actual direct labor hours were 65,000, actual machine hours were 3,520, and the actual labor rate was $18.28. How much manufacturing overhead was applied? Round your answer to 2 d.p.
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