Bernson Corporation is using a predetermined overhead rate that was based on estimated total manufacturing overhead of $495,000 and 30,000 machine- hours for the period. The company incurred actual total manufacturing overhead of $517,000 and 28,000 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places.) $462,000 $25,000 $495,000 $487,703 Berson Corporation is using a predetermined overhead rate that was based on estimated total manufacturing overhead of $495,000 and 30,000 machine-hours for the period. The company incurred actual total manufacturing overhead of $517,000 and 28,000 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places) $462.000 O $25,000 O $495.000 1487,703

Bernson Corporation is using a predetermined overhead rate that was based on estimated total manufacturing overhead of $495,000 and 30,000 machine- hours for the period. The company incurred actual total manufacturing overhead of $517,000 and 28,000 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places.) $462,000 $25,000 $495,000 $487,703 Berson Corporation is using a predetermined overhead rate that was based on estimated total manufacturing overhead of $495,000 and 30,000 machine-hours for the period. The company incurred actual total manufacturing overhead of $517,000 and 28,000 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places) $462.000 O $25,000 O $495.000 1487,703

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Description: Bernson Corporation is using a predetermined overhead rate that was basedon estimated total manufacturing overhead of $495,000 and 30,000 machine-hours for the period. The company incurred actual total manufacturingoverhead of $517,000 and 28,000 to

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Concept explainers

Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.

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Question

Bernson Corporation is using a predetermined overhead rate that was based
on estimated total manufacturing overhead of $495,000 and 30,000 machine-
hours for the period. The company incurred actual total manufacturing
overhead of $517,000 and 28,000 total machine-hours during the period. The
amount of manufacturing overhead that would have been applied to all jobs
during the period is closest to: (Round your intermediate calculations to 2
decimal places.) $462,000 $25,000 $495,000 $487,703
Berson Corporation is using a predetermined overhead rate that was based on estimated total manufacturing overhead of
$495,000 and 30,000 machine-hours for the period. The company incurred actual total manufacturing overhead of $517,000
and 28,000 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all
jobs during the period is closest to: (Round your intermediate calculations to 2 decimal places)
$462.000
O $25,000
O $495.000
1487,703

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