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give answer in 2 step with explanation at the end of each step and final answer at the end:Kamryn Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estimate that it would incur $3,640,400 in manufacturing overhead cost at an activity level of 239,500 machine-hours. The company spent the entire month of March working on a large order for 22,000 custom-made machined parts. The company had no work in process at the beginning of March. Cost data relating to March follow: a. Raw materials purchased on account, $450,000. b. Raw materials used in production, $400,000 (70.05% direct materials and 29.95% indirect materials). c. Labor cost accrued in the factory, $210,000 (40% direct labor and 60% indirect labor). d. Depreciation recorded on factory equipment, $105,000. e. Other manufacturing overhead costs incurred on account, $88,000. SM SEI > ve ~ Sp N

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give answer in 2 step with explanation at the end of each step and final answer at the end:Uploaded ImageKamryn Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and applies overhead cost to jobs on the basis of machine-hours. At the beginning of the year, the company used a cost formula to estimate that it would incur $3,640,400 in manufacturing overhead cost at an activity level of 239,500 machine-hours. The company spent the entire month of March working on a large order for 22,000 custom-made machined parts. The company had no work in process at the beginning of March. Cost data relating to March follow: a. Raw materials purchased on account, $450,000. b. Raw materials used in production, $400,000 (70.05% direct materials and 29.95% indirect materials). c. Labor cost accrued in the factory, $210,000 (40% direct labor and 60% indirect labor). d. Depreciation recorded on factory equipment, $105,000. e. Other manufacturing overhead costs incurred on account, $88,000. SM SEI > ve ~ Sp N

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Asked by: Aman
Created at: 2025-10-20 06:26:56

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### Step 1: Calculate the total manufacturing overhead for March **Explanation:** Since the company uses a job-order costing system applies overhead based machine-hours, need to determine the overhead rate per-hour. - The total estimated cost = $,640, - The estimated activity level =239,500-hours **Overhead per machine-hour:** \[ text{Over rate} =frac{\text{Total estimated overhead{\text{ machine-hours}} \frac{,640,400239,500 \approx .21 \text{ per machine-hour} \] **Final answer for Step 1:** Overhead rate ≈ **$15.21 per machine** --- ### Step 2: Calculate the manufacturing overhead applied in March **Explanation:** - The company worked on 22,000 machine-hours in March. - Overhead applied = rate × actual machine-hours worked \[ \text{Overhead applied} = 15.21 \times 22,000 \approx 334620 \] **Final answer:** Manufacturing overhead applied in March ≈ **$334,620**

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