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Court allocates (applies) overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost $500,000 Actual manufacturing overhead cost
Court allocates (applies) overhead based on machine hours. Selected data for the most recent year follow.
Estimated manufacturing overhead cost | $500,000 |
Actual manufacturing overhead cost | $480,000 |
Estimated machine hours | 50,000 |
Actual machine hours | 55,000 |
The estimates were made as of the beginning of the year, while the actual results were for the entire year. The manufacturing overhead for the year would have been
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