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Tesla, Inc. had the following costs in the current quarter based on which they are doing an analysis. Direct materials used Direct labor incurred (7,100
Tesla, Inc. had the following costs in the current quarter based on which they are doing an analysis. Direct materials used Direct labor incurred (7,100 hours) Actual manufacturing overhead incurred $196,300 $251,600 $273,300 Elon Musk, Tesla's CEO used a predetermined overhead rate using estimated overhead of $413,600 and 8,800 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9.700. How much overhead was applied during the quarter? Multiple Choice O $251.600 O $273,300 $333,700
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