Contia Inc. forecasts that total overhead for the current year will be $12,600,000, and total machine hours will be 300,000 hours. However, the actual overhead is $3,250,000, and the actual machine hours are 98,500 hours. If the company uses a predetermined overhead rate based on machine hours for applying overhead, the overhead will be:
Contia Inc. forecasts that total overhead for
the current year will be $12,600,000, and total machine hours will be 300,000 hours. However, the actual overhead is $3,250,000, and the actual machine hours are 98,500 hours. If the company uses a predetermined overhead rate based on machine hours for applying overhead, the overhead will be: