Homework SourseQS 27 Applying overhead LO P3 At the beginning of the year a
QS 2-7 Applying overhead LO P3 At the beginning of the year, a company predicts total overhead costs of $633,600. The company applies overheed using machine hours and estimates it will use 1440 machine hours during the year. What amount of overhead should be applied to Job 65A if that job uses 17 machine hours during January? oints 
Solution
Predetermined overhead rate=($633600/1440)=$440/machine hour.
Hence Overhead applied=(440*17)
which is equal to
=$7480.
