Manufacturing overhead allocated

Manufacturing overhead allocated is amount of manufacturing overhead costs allocated to individual jobs, products, or services based on the budgeted rate multiplied by the actual quantity used of the cost-allocation base. Also called manufacturing overhead applied.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Manufacturing overhead allocated. Amount of manufacturing overhead costs allocated to individual jobs, products, or services based on the budgeted rate multiplied by the actual quantity used of the cost-allocation base. Also called manufacturing overhead applied.