Gracious Manufacturing makes replacement parts for vacuum machines. In 2017, the company spent $1,400,000 on prime costs and $900,000 on conversion costs. Overhead is applied at a rate of 140% of direct labor costs. How much did the company allocate for manufacturing overhead during 2017?

Answer rating: 100% (QA)

To calculate the amount allocated for manufacturing overhead during 2017 we need to ... View the full answer