Solution-How much manufacturing overhead will applied to

How much manufacturing overhead will applied to production

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Reference no: EM132657638

Blueberry Corp uses a job order costing system with manufacturing overhead applied to products on the basis of machine hours. For the upcoming year, Blueberry Corp estimated total manufacturing overhead cost at $270,000 and total machine hours of 45,000. During the year actual manufacturing overhead incurred was $258,750 and 46,600 machine hours were used.

Required:

Question 1: Calculate the predetermined overhead rate.

Question 2: Calculate how much manufacturing overhead will be applied to production.

Question 3: · Is overhead over- or underapplied? By how much?

Question 4: What account should be adjusted for over- or underapplied overhead? Should the balance be increased or decreased?

Reference no: EM132657638

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How much manufacturing overhead will applied to production

Reference no: EM132657638

Reference no: EM132657638

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