Question: Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $332,520, budgeted machine-hours were 20,400. Actual factory overhead

Reyes Corporation applies overhead using a normal costing approach based upon machine-hours.

Reyes Corporation applies overhead using a normal costing approach based upon machine-hours. Budgeted factory overhead was $332,520, budgeted machine-hours were 20,400. Actual factory overhead was $306,920, actual machine-hours were 20,950. How much overhead would be applied to production? Multiple Choice $298,862 $332,520. $341,485. $306,920.

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