Housholder Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. Estimated total fixed manufacturing overhead from thebeginning of the year$310,000 Estimated activity level from the beginning of the year 20,000machine-hoursActual total fixed manufacturing overhead$338,000 Actual activity level 18,300machine-hours The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A. $310,000
B. $283,650
C. $28,000
D. $309,270
Answer: B
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Fill in the blank(s) with the appropriate word(s).
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