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How much manufacturing overhead did peabody debit to wip

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Reference no: EM131697433

Question - Peabody, Ltd. applies manufacturing overhead to WIP using a predetermined overhead rate based on machining hours. Peabody has provided the following information for June.

  • Budgeted Manufacturing Overhead: $307,778
  • Budgeted machining hours: 10,166
  • Manufacturing Overhead Incurred: $404,122
  • Actual machining hours: 14,671

How much manufacturing overhead did Peabody debit to WIP?

Reference no: EM131697433

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