Question
Hello! Could someone give explanation and show me steps for this question, please? Thank you so much! Carlson Company uses a predetermined rate to apply
Hello! Could someone give explanation and show me steps for this question, please? Thank you so much!
Carlson Company uses a predetermined rate to apply overhead. At the beginning of the year, Carlson estimated its overhead costs at $240,000, direct labour hours at 40,000, and machine hours at 10,000. Actual overhead costs incurred were $249,280, actual direct labour hours were 41,000, and actual machine hours were 11,000.
If the predetermined overhead rate is based on machine hours, what is the total amount credited to the plant-wide overhead account for the year for Carlson?
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