Question
Sarah's Machine Tools uses a predetermined factory overhead rate based on machine hours. For March, Sarah's budgeted overhead was $825,000 based on a budgeted
Sarah's Machine Tools uses a predetermined factory overhead rate based on machine hours. For March, Sarah's budgeted overhead was $825,000 based on a budgeted volume of 35,000 machine hours. The actual machine hours used totaled 33,800 and the I March manufacturing overhead was under applied by $7536, what was the actual overhead incurred for March? (Round your final answer to the nearest $1.00.)
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Fundamentals of Cost Accounting
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