For 2020, Roy manufacturing used job costing. The company uses machine-hours as the overhead cost-allocation base. The records show the following information:                                                                                                     Estimated               Actual                                      Manufacturing overhead costs         £800,000            £840,000                                      Machine-hours                                         50,000                60,000   Using normal costing, the amount of manufacturing overhead costs allocated to jobs during 2020 was?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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For 2020, Roy manufacturing used job costing. The company uses machine-hours as the overhead cost-allocation base. The records show the following information:

 

                                                                                                  Estimated               Actual

 

                                   Manufacturing overhead costs         £800,000            £840,000

 

                                   Machine-hours                                         50,000                60,000

 

Using normal costing, the amount of manufacturing overhead costs allocated to jobs during 2020 was?

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