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Problem:

Carson company uses a predetermined rate to apply over head. At the beginning of the year, carlson estimaed its overhead costs at $320,000, direct labor hours at 45,000. and machine hours at 20,000. Actual overhead costs omcirred were $274,860, actual direct labor hours were 43,000, and actual machine hours were 16,000.

Requirement:

Question: If the predertimed overhead rate is base on machine hours, what is the total amount credited to the factory overhead account for the year for carlson?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164377

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