Question: Attempt in Progress Bonita Industries thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its

Attempt in Progress Bonita Industries thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1750000. The company used 1000 hours of processing on Job No. 012 during the period and incurred overhead costs totaling $1900000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No B12? $87500 $1900 $95000 $1750 Save for Later Attempts: 0 of 1 used Submit Answer Sunland Company provided the following information from its accounting records for 2019. Expected production 40000 labor hours Actual production 36000 labor hours $ 1100000 Budgeted overhead Actual overhead $ 1060000 How much is the overhead application rate if Sunland Company bases the rate on direct labor hours? $30.56 per hour $26.50 per hour 2750 Darba
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