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13-38. The Hatch Manufacturing Company has the fol...




13-38. The Hatch Manufacturing Company has the following budgeted overhead cost and other data for its machining department for the month of December: Budgeted Data:___________________________________________ Indirect labor and supplies $70,000 Factory rent $19,000 Supervision $84,000 Depreciation on equipment $139,000 Cost-allocation base for overhead application Machine hours Budgeted overhead application rate $6 per machine hour Other Data:______________________________________________ Actual machine hours during December 68,000 Actual overhead cost incurred during December $439,000 Compute the total budgeted machine hours, total applied overhead cost, and indicate how any difference between the actual overhead cost incurred and applied overhead would be treated on Hatch?s income statement for the month of December.,Thank you.


Paper#9437 | Written in 18-Jul-2015

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