Ridge Tech Inc. used 6,400 machine hours on Job #22. The total machine hours for the period were 20,000. Assume Job # 22 is the only job sold during the accounting period. If the total overhead applied is $160,000, what is the overhead applied in COGS?

Ridge Tech Inc. used 6,400 machine hours on Job #22. The total machine hours for the period were 20,000. Assume Job # 22 is the only job sold during the accounting period. If the total overhead applied is $160,000, what is the overhead applied in COGS?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 2PB: Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500...

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I need help with this general accounting question using the proper accounting approach.

Ridge Tech Inc. used 6,400 machine hours on Job #22. The
total machine hours for the period were 20,000.
Assume Job # 22 is the only job sold during the accounting
period.
If the total overhead applied is $160,000, what is the
overhead applied in COGS?

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