Maher Company's records for May contained the following information:
Direct materials purchased
$ 16,000
Direct materials used
$14,000
Actual direct labor cost
$ 47,000
Actual direct labor hours
9,000 hours
Cost of goods sold
$ 100,000
Overapplied overhead
$ 5,000
The company uses a predetermined overhead rate of $5.00 per direct labor hour to apply manufacturing overhead to jobs.
The actual overhead cost incurred during the month was?

Answer rating: 100% (QA)

To find the actual overhead cost incurred during the month we first need to calculate the overh... View the full answer