Budgeted manufacturing overhead costs Overhead allocation base Budgeted machine-hours $ 4,800,000 Machine-hours 80,000 Manufacturing overhead costs incurred Actual machine-hours S 4,950,000 75,000 Machine-hours data and the ending balances (before proration of under- or overallocated overhead) are as follows: Cost of Goods Sold Finished Goods Control Actual Machine-Hours 60,000 11,000 Work-in-Process Control 4,000 2017 End-of-Year Balance 8,000,000 1,250,000 750,000