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Current Attempt in Progress Oriole Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs.

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Current Attempt in Progress Oriole Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs. The company estimated the following amounts for 2022 for the company and for Job 62: Company Job 62 Direct materials $52,800 $4,000 Direct labor $22,000 $2,400 Manufacturing overhead costs $67,320 Machine hours 79,200 1,200 During 2022, the actual machine hours totaled 83,600, and actual overhead costs were $62,400. (d) If Oriole Manufacturing sells Job 62 for $12,400, compute the gross profit. Gross profit $ eTextbook and Media

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