Mason Corporation uses a job-order system with a predetermined overhead rate (POHR) based on machine-hours (not based on direct labor-hours).

At the begining of the period, the company estimated total (both fixed and variable) manufacturing overhead cost of $492,000 and 30,000 machine-hours for the period.

At the end of the period, the company determined that it had incurred actual total manufacturing overhead cost of $517,000 and 28,300 total machine-hours.

The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:

(Round your intermediate calculations to 2 decimal places.)

Multiple Choice

• $464,120

• $492,000

• $487,703

• $25,000