Greenfield Manufacturing uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based on total estimated overhead costs of $400,000 and direct labor hours of 12,000. During the month of March 2019, actual direct labor hours of 10,500 were incurred. Use this information to determine the amount of factory overhead that was applied in March. (Round the answer to the nearest whole dollar.)

Greenfield Manufacturing uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is based on total estimated overhead costs of $400,000 and direct labor hours of 12,000. During the month of March 2019, actual direct labor hours of 10,500 were incurred. Use this information to determine the amount of factory overhead that was applied in March. (Round the answer to the nearest whole dollar.)

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 23Q: If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of...

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