How much overhead was applied during the year


Acne Company had the following information for the year ;

  • Direct material used- $110,000
  • Direct labor incurred (5000 hours) - $150,000
  • Actual manufacturing overhead incurred-$266,000

Acem Company used a predetermined overhead rate of $35 per direct labor hour for the year. Assume the only inventory balance is an ending work in process balance of $17,000. How much overhead was applied during the year?

A.$110,000

B.$150,000

C,$166,000

D.$175,000

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How much overhead was applied during the year
Reference No:- TGS0555124

Expected delivery within 24 Hours