Celestial Inc. applies manufacturing overhead costs on the basis of machine hours. Determine applied manufacturing...

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Accounting

Celestial Inc. applies manufacturing overhead costs on the basis of machine hours. Determine applied manufacturing overhead for the month of January assuming the following information.
Total budgeted manufacturing overhead for the year $480,000
Total budgeted machine hours for the year 9,600
Total actual manufacturing overhead for January $36,000
Total actual machine hours for January 700
Total budgeted machine hours for January 800
Select one:
a.
$31,500
b.
$36,000
c.
$35,000
d.
$40,000

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