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A manufacturing company has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible budget for

A manufacturing company has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Budgeted/denominator level of activity

3,700

MHs

Overhead costs at the denominator activity level:

Variable overhead cost

$28,490

Fixed overhead cost

$47,545

The following data pertain to operations for the most recent period:

Actual hours

3,900

MHs

Standard hours allowed for the actual output

3,850

MHs

Actual total variable overhead cost

$29,445

Actual total fixed overhead cost

$47,995

How much overhead was applied to products during the period to the nearest dollar?

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