Hodgkiss Company applies manufacturing overhead to jobs on the basis of machine
ID: 2357575 • Letter: H
Question
Hodgkiss Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $304,070for the year, and machine usage is estimated at125,920hours.For the year, $322,290of overhead costs are incurred and129,890hours are used.
$ Hodgkiss Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $304,070for the year, and machine usage is estimated at125,920hours.
For the year, $322,290of overhead costs are incurred and129,890hours are used.
Explanation / Answer
$ 2.48per machine hour