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The towson manufacturing corporation applies overhead on

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Overhead application: Working backward

The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review:

  • Division A Division B
  • Actual machine hours 22,500 ?
  • Estimated machine hours 20,000 ?
  • Overhead application rate $4.50 $5.00
  • Actual overhead $110,000 ?
  • Estimated overhead ? $90,000
  • Applied overhead ? $86,000
  • Over- (under-) applied overhead ? $6,500

 

Reference no: EM13578425

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