The Judd Company uses a standard cost system in which it applies manufacturing overhead to...

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Accounting

The Judd Company uses a standard cost system in which it applies manufacturing overhead to units of product on the basis of machine-hours. During May, the company budgeted $320,000 in manufacturing overhead cost for activity of 20,000 machine-hours. At standard, each unit of finished product requires 4 machine-hours. The following cost and activity was recorded during May:
Total actual manufacturing overhead cost incurred
$335,500
Units of product completed
4,700
Actual machine-hours worked
21,000
The amount of overhead cost that the company applied to Work in Process for May was: (A and B are incorrect)
Question options:
a)
$336,000.
b)
$335,500.
c)
$300,800.
d)
$315,370.

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