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How much overhead did Mirada apply to jobs during the year (if necessary, round your answer to the nearest dollar)?

23 / 09 / 2023 Assignment

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Mirada Manufacturing produces


pumps for residential swimming pools. For the year, management estimated that
total manufacturing overhead would be $1,488,000. Management decided to use
direct labor hours to apply manufacturing overhead and budgeted 62,000 direct
labor hours. The following information was compiled before an adjustment had
been made to close Manufacturing Overhead Control:

Raw Materials Inventory $304,291

Work in
Process Inventory $337,997

Finished
Goods Inventory $756,362

Actual
direct labor hours used 68,970

Actual
overhead incurred $1,434,576

How much overhead did Mirada
apply to jobs during the year (if necessary, round your answer to the nearest
dollar)?



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