7 . Manufacturing overhead is allocated to products based on the number of machi
ID: 2634739 • Letter: 7
Question
7.
Manufacturing overhead is allocated to products based on the number of machine hours required. In a year when 20,000 machine hours were anticipated, costs were budgeted at $125,000. If a product requires 8,000 machine hours, how much manufacturing overhead will be allocated to this product?
A)
$41,667
B)
$43,750
C)
$1,120
D)
$50,000
7.
Manufacturing overhead is allocated to products based on the number of machine hours required. In a year when 20,000 machine hours were anticipated, costs were budgeted at $125,000. If a product requires 8,000 machine hours, how much manufacturing overhead will be allocated to this product?
A)
$41,667
B)
$43,750
C)
$1,120
D)
$50,000
Explanation / Answer
D)
$50,000
D)
$50,000