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You apply your overhead based on machine hours at a rate of $5/hour of which $0.20/hour is for depreciation, each unit requires 4.5 hours
You apply your overhead based on machine hours at a rate of $5/hour of which $0.20/hour is for depreciation, each unit requires 4.5 hours of machine time. You estimate sales for the month of February will be 28,000 units and production will be 27,500 units. What amount of overhead will appear on the income statement in February in total dollars (not per unit) as part of Cost of Goods Sold?
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