The Adlake Company makes and sells a single product and uses a standard cost system. During October,

The Adlake Company makes and sells a single product and uses a standard cost system.During October, the company budgeted $300,000 in fixed manufacturing overhead cost at a denominator activity of 20,000 machine-hours. At standard, each unit of finishedproduct requires 5 machine-hours. The following cost and activity were recorded duringOctober:Total actual fixed manufacturing overhead cost incurred$294,000Units of product completed3,800Actual machine-hours worked19,422The amount of fixed overhead cost that the company applied to work in process forOctober was:&
The Adlake Company makes and sells a single product and uses a standard cost system.During October, the company budgeted $300,000 in fixed manufacturing overhead cost at a denominator activity of 20,000 machine-hours. At standard, each unit of finishedproduct requires 5 machine-hours. The following cost and activity were recorded duringOctober:Total actual fixed manufacturing overhead cost incurred$294,000Units of product completed3,800Actual machine-hours worked19,422The amount of fixed overhead cost that the company applied to work in process forOctober was: A)$294,000. B)$291,330. C)$285,000. D)$279,300.