The Records of Family Manufacturing Show the Following Information The Company Uses a Predetermined Overhead Rate to Apply Overhead

Multiple Choice

The records of Family Manufacturing show the following information: $\begin{array}{lr}\text { Estimated manufacturing overhead } & \$ 690,000 \\\text { Estimated machine hours } & 46,000 \\\text { Actual machine hours worked } & 50,000\\\\\text { Actual costs incurred: } & \\\text { Indirect materials } & \$ 170,000 \\\text { Indirect labor } & 230,000 \\\text { Utilities } & 120,000 \\\text { Insurance } & 100,000 \\\text { Rent } & 80,000\end{array}$
The company uses a predetermined overhead rate to apply overhead. Manufacturing overhead applied is

A) $750,000.
B) $700,000.
C) $690,000.
D) $648,000.