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Gelly Corp. allocates manufacturing overhead using machine hours. Gelly estimated 12,000 machine hours and $93,000 of manufacturing overhead costs for the year.Actual machine hours were
Gelly Corp. allocates manufacturing overhead using machine hours. Gelly estimated 12,000 machine hours and $93,000 of manufacturing overhead costs for the year.Actual machine hours were 16,000, and the following actual costs were incurred: Direct Labor: $75,000, Period Costs: $137,000, Manufacturing Overhead: $83,000. How much manufacturing overhead would Gelly allocate to Work in Process? A. $83,000 B. $93,000 C. $124,000 D. $220,000
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