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Jared Companys formula for annual manufacturing overhead is: Y = $150,000 + $8X, where X is direct labor hours The predicted activity for 2017 is

Jared Companys formula for annual manufacturing overhead is: Y = $150,000 + $8X, where X is direct labor hours

The predicted activity for 2017 is 40,000 direct labor hours and the actual activity for January of 2017 was 5,000 direct labor hours. Using a predetermined overhead rate the applied January overhead is:

a. $ 40,000

b. $ 58,750

c. $190,000

d. $208,750

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