Carattini Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: The total amount of manufacturing overhead applied is closest to:
A) $340,376
B) $342,000
C) $312,900
D) $372,000
Correct Answer:
Verified
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