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In 2016, the Calimari Company used a predetermined manufacturing overhead rate of $5 per machine hour. Information for the year is as follows: Actual overhead
In 2016, the Calimari Company used a predetermined manufacturing overhead rate of $5 per machine hour. Information for the year is as follows: Actual overhead costs incurred: Indirect materials $15471 Indirect labor $13,750 Plant depreciation $4,800 Plant utilities and insurance $19,530 Other plant overhead costs $13731 Total machine hours used during the year 7,500 What was the preliminary ending balance in the manufacturing overhead account before the year-end adjustment to clear the balance to zero?
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