The Carlin Fabrication Plant suffered a fire incident at the beginning of the year, which resulted in the loss of property including the accounting records

Question

Some data for the year were retrieved, and extracts from it are shown below:

Total manufacturing overhead costs estimated at the beginning of the year $100,700
Total direct labor costs estimated at the beginning of the year $185,000
Total direct labor hours estimated at the beginning of the year 3,000 direct labor hours
Total machine hours estimated at the beginning of the year 9,600 machine hours
Actual manufacturing overhead costs for the year $96,900
Actual direct labor costs for the year $147,000
Actual direct labor hours for the year 2,900 direct labor hours
Actual machine hours for the year 10,000 machine hours

The company's manufacturing overhead allocation is based on the number of machine hours. What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $30,419
B) $335,666
C) $104,900
D) $192,708

Answer 1

C .