Silvar Manufacturing applies overhead using a normal costing approach based on machine- hours. The budgeted factory overhead was $315,000, and the budgeted machine-hours were 21,000. The actual factory overhead was $348,750, and the actual machine-hours were 22,100. How much overhead would be applied to production?

Silvar Manufacturing applies overhead using a normal costing approach based on machine- hours. The budgeted factory overhead was $315,000, and the budgeted machine-hours were 21,000. The actual factory overhead was $348,750, and the actual machine-hours were 22,100. How much overhead would be applied to production?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 3CE: Lansing. Inc., provided the following data for its two producing departments: Machine hours are used...

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The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
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