Question
Maurice Company allocates overhead using direct labour-hours. For 2021, the estimated and actual labour-hours were 210,000 and 182,000 respectively, and the predetermined overhead rate used
Maurice Company allocates overhead using direct labour-hours. For 2021, the estimated and actual labour-hours were 210,000 and 182,000 respectively, and the predetermined overhead rate used to apply overhead for the year was $25.80 per direct labour-hour. The manufacturing overhead control T-account showed a credit balance of $199,300 at the end of the year, and this balance was disposed of at the end of the year by closing it to cost of goods sold. What was the companies actual overhead amount incurred over the year? A) $4,695,600 B) $4,496,300 C) $4,894,900 D) $5,418,000 E) $5,218,700 Enter only the letter of the correct response in the space below (i.e. A, B, C, D, or E).
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