Carrington Manufacturing estimated its manufacturing overhead for the year at $320,000. The actual overhead for the year was under applied by $15,500. The company applied $270,000 to Work in Process. What was the actual overhead incurred by the company?

Carrington Manufacturing estimated its manufacturing overhead for the year at $320,000. The actual overhead for the year was under applied by $15,500. The company applied $270,000 to Work in Process. What was the actual overhead incurred by the company?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 3EA: A company estimated 100,000 direct labor hours and $800,000 in overhead. The actual overhead was...

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Question

What was the actual overhead incurred by the company of this financial accounting question?

Carrington Manufacturing estimated its manufacturing
overhead for the year at $320,000. The actual overhead for
the year was under applied by $15,500. The company
applied $270,000 to Work in Process.
What was the actual overhead incurred by the company?

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