Question: please help me solve Clinton Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for

Clinton Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1,175,000. The company used 1,500 hours of processing on Job No. 12 during the period and incurred overhead costs totaling $1,200,000. The budgeted machine hours for the year totaled 25,000. How much overhead should be applied to Job No. 127 Select one: A. $70,500 B. $1,000 C. $56,400 D. $979 E. None of the above. During 2012, Ford Manufacturing expected Job No. 26 to cost $336,000 of overhead, $400,000 of materials, and $224,000 in labor. Ford applied overhead based on direct labor cost. Actual production required an overhead cost of $840,000, $825,000 in materials used, and $330,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods? Select one: A. $1,995.000 B. S076,000 C. $1,617,000 D. $1,650,000 E. None of the above
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