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The plant of Omer company uses Job order costing system. And allocates manufacturing overhead cost using a budgeted rate of $7 per one machine hour,
The plant of Omer company uses Job order costing system. And allocates manufacturing overhead cost using a budgeted rate of $7 per one machine hour, if the 2020 budgeted overhead cost $350,000 Calculate the over/under allocated overhead assuming 45,000 machine hours used and $335,000 actual overhead expensed during 2020 Select one: O a. $20,000 under allocated b. $25,000 over allocated c. $25,000 under allocated d. $30.000 over allocated e. $20,000 over allocated
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