Gomez company calculates its predetermined overhead on the basis of direct-labor hours. The predetermined overhead rate is $22.50. For the purpose of calculating predetermined overhead rate, total manufacturing overheads were estimated to be $326,250 and estimated activity level was 14,500 hours. The company incurred actual overheads of $356,000 for 11,600 hours. Using the given information, determine the manufacturing overheads applied to the jobs during the period. a. $289,460 b. $261,000 c. $284,800 d. $356,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Gomez company calculates its predetermined overhead on the basis of direct-labor hours. The
predetermined overhead rate is $22.50. For the purpose of calculating predetermined overhead
rate, total manufacturing overheads were estimated to be $326,250 and estimated activity level
was 14,500 hours. The company incurred actual overheads of $356,000 for 11,600 hours.
Using the given information, determine the manufacturing overheads applied to the jobs during
the period.
a. $289,460
b. $261,000
а.
c. $284,800
с.
d. $356,000
Transcribed Image Text:Gomez company calculates its predetermined overhead on the basis of direct-labor hours. The predetermined overhead rate is $22.50. For the purpose of calculating predetermined overhead rate, total manufacturing overheads were estimated to be $326,250 and estimated activity level was 14,500 hours. The company incurred actual overheads of $356,000 for 11,600 hours. Using the given information, determine the manufacturing overheads applied to the jobs during the period. a. $289,460 b. $261,000 а. c. $284,800 с. d. $356,000
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