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Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the...

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Accounting

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $396,000; materials of $410,000 and direct labor of $220,000. During the year Adams incurred $418,000 in materials costs, $413,200 in overhead costs and $224,000 in direct labor costs. Compute the amount of overhead applied to jobs during the year.

a. $424,450

b. $396,000

c. $413,190

d. $403,200

e. $413,200

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