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How much is the manufacturing overhead costs applied

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Question - XYZ company uses normal costing. Following are various Cost and inventory data for the just completed year.

Sales Revenue $450,000;

Adjusted Gross Profit $175,000;

Selling and admin expenses: $145,000;

Overapplied Overhead $15,000;

Prime Costs $155,000;

Work in process inventory has increased by $10,000;

Finished Goods inventory has decreased by $20,000.

Required - How much is the manufacturing overhead costs applied to work in process during the year.

Reference no: EM132732911

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