Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor costs are summarized here: Direct labor cost Manufacturing overhead Estimated $ 600,000 900,000 Required: 1. Determine how much overhead to apply to production. 2. State whether applied overhead was based on actual values, estimated values, or both. Required A Required B Complete this question by entering your answers in the tabs below. Actual $ 550,000 850,000 Determine how much overhead to apply to production. Applied Manufacturing Overhead

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.