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At Becky's biscuit factory, manufacturing overhead is applied based on direct labor cost. At the beginning of 2018, Becky's cost accountant estimated the following information
At Becky's biscuit factory, manufacturing overhead is applied based on direct labor cost. At the beginning of 2018, Becky's cost accountant estimated the following information for the year:
Total DM Costs: $800,000
Direct Labor Hours: 63,000 hours
Cost per DLH: $15/hour
Total Machine Hours: 3,150
Total MOH Costs: $692,000
At the end of 2018, the cost accountant noted that actual direct labor hours were 56,000, actual machine hours were 3,520, and the actual labor rate was $18.48. How much manufacturing overhead was applied?
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