Heroux Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:

Forming Customizing Total
Estimated total machine-hours (MHs) 3,000 7,000 10,000
Estimated total fixed manufacturing overhead cost $16,500 $20,300 $36,800
Estimated variable manufacturing overhead cost per MH $1.70 $2.50

During the most recent month, the company started and completed two jobs--Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow:

Job A Job H
Direct materials $12,800 $6,700
Direct labor cost $24,300 $7,800
Forming machine-hours 2,000 1,000
Customizing machine-hours 2,800 4,200

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job H is closest to: (Round your intermediate calculations to 2 decimal places.)

Allocated MOH= $40,976

Explanation:

Giving the following information:

Estimated total fixed manufacturing overhead cost= $36,800

Estimated total machine-hours (MHs)= 10,000

Estimated variable manufacturing overhead cost per MH= ($1.70 $2.50)= $4.2

First, we need to calculate the estimated manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (36,800/10,000) + 4.2= $7.88

Now, we can allocate overhead yo Job H:

Forming machine-hours= 1,000

Customizing machine-hours= 4,200

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 7.88*(1000 + 4,200)= $40,976

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number