Question
A company calculated the predetermined overhead on an estimated overhead of $70,000, and the activity for the cost driver was estimated as 2,500 hours. If
A company calculated the predetermined overhead on an estimated overhead of $70,000, and the activity for the cost driver was estimated as 2,500 hours. If product A utilized 1,350 hours and product B utilized 1,100 hours, what was the total amount of overhead assigned to the products?
A. $35,000
B. $30,800
C. $37,800
D. $68,600
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
