Answer:
Applied overhead 349,500
Explanation:
[tex]\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate[/tex]
To calculate the manufacturing overhead rate we will distribute the expected overhead cost over a cost driver.
For this case, the overhead will be 343,500
and the cost driver is the direct labor cost 229,000
overhead rate: 343,500 / 229,000 = 1.5
Applied overhead during the year:
actual cost driver x predeterminate rate
actual labor cost 233,000 x 1.5 = 349,500