Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN: 9781305087408
Author: Edward J. Vanderbeck, Maria R. Mitchell
Publisher: Cengage Learning
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please given me correct answer General accounting question

Summit Manufacturing uses a job order cost system and
applies overhead based on predetermined rates. Their
overhead application rate is calculated using estimated
annual overhead costs of $375,000 and estimated direct
labor hours of 12,500. In March 2024, actual direct labor
hours were 11,200. Calculate the amount of factory
overhead applied in March. (Round the answer to the
nearest whole dollar.)
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Transcribed Image Text:Summit Manufacturing uses a job order cost system and applies overhead based on predetermined rates. Their overhead application rate is calculated using estimated annual overhead costs of $375,000 and estimated direct labor hours of 12,500. In March 2024, actual direct labor hours were 11,200. Calculate the amount of factory overhead applied in March. (Round the answer to the nearest whole dollar.)
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