Lovell Equestrian Gear utilizes an activity based costing system for allocating overhead costs. The predetermined overhead rate for each activity are summarized below.    Activity POHR Manufacturing $6.50 / machine hour Assembly $12.00 / direct labor hour Quality Control $1,500 / batch   During the year, 3 batches, 12,000 machine hours, and 5,500 direct labor hours actually occurred in the production process. Based on the information provided, what is the total applied manufacturing overhead costs?

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.