Question

The Titan Enterprises Company manufactures cleaning spray for public schools. During 2020, the company spent $720,000...

The Titan Enterprises Company manufactures cleaning spray for public schools. During 2020, the company spent $720,000 on prime costs and $860,000 on conversion costs. Overhead is applied at a rate of 150% of direct labor costs. How much did the company allocate (apply) for manufacturing overhead during 2020?

Multiple Choice

  • $516,000.

  • $390,000.

  • $344,000.

  • $324,000.

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