Overhead allocation
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MACHINE HOURS ACTIVITY BASE
Tools Company uses machine hours for its activity base for manufacturing overhead. The estimate of overhead costs for year on its job = $205,000, and the company use 1,000 hours of processing on JOB A during that period and incurred overhead costs of $210,000.
The budgeted machine hours for the year totaled 20,000.
How much overhead should be applied to job A?
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Solution Summary
Solution contains calculations of overheads allocated to the product using activity based costing.
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Hi,
Please see the response to your posting as below:
Estimated overheads = $205,000
Estimated machine hours ...
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