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Marigold Corporation produces wooden and aluminum baseball bats. In preparing the current budget, Marigolds management estimated a total of $468,000 in manufacturing overhead costs and
Marigold Corporation produces wooden and aluminum baseball bats. In preparing the current budget, Marigolds management estimated a total of $468,000 in manufacturing overhead costs and 18,000 machine hours for the coming year. In December, Marigolds accountants reported actual manufacturing overhead incurred of $45,000 and 17,750 machine hours used during the year. Marigold applies overhead based on machine hours.
Predetermined overhead rate $26/ Machine hour
How much manufacturing overhead did Marigold apply during the year?
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