The towson manufacturing corporation applies overhead on

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The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review:

	Division A	Division B
Actual machine hours	22,500	?
Estimated machine hours	20,000	?
Overhead application rate	$4.50	$5.00
Actual overhead	$110,000	?
Estimated overhead	?	$90,000
Applied overhead	?	$86,000
Over- (under-) applied overhead	?	$6,500

Reference no: EM13452673

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