(Appendix 10A) Vaden Incorporated makes a single product--a critical part used in commercial airline seats. 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) $484,972
B) $490,504
C) $499,720
D) $505,400

Question

(Appendix 10A) Vaden Incorporated makes a single product--a critical part used in commercial airline seats. 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) $484,972 
B) $490,504 
C) $499,720 
D) $505,400

Quizplus · Accepted Answer

11ea7761_173e_3fcb_81a5_370eceedd8f2_TB2580_00

(Appendix 10A) Vaden Incorporated Makes a Single Product--A Critical Part