Business, 07.03.2020 04:01 hailey200127
At the beginning of the year, Monroe Company estimates annual overhead costs to be $2,400,000 and that 300,000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for the year was 315,000 hours is:.
a. $2,400,000.
b. $2,285,714.
c. $1,680,000.
d. $2,520,000.
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