Question: Blakely charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the

Blakely charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year:

Budgeted manufacturing overhead: $600,000

Actual manufacturing overhead: $570,000

Budgeted machine hours: 24,000

Actual machine hours: 20,000

Overhead applied to production totaled:

Multiple Choice

  • $475,000.
  • $500,000.
  • $684,000.
  • $720,000.
  • some other amount.

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