Homework Answers
(1) Predetermined Overhead Rate :-
Manufacturing OH cost/DLH
= $176720/18800 = $9.4 per DLH
(2) Applied Manufacturing OH :-
Actual Hours * Predetermined OH Rate
1880 hours * $9.4 = $17672
(3) Actual Manufacturing OH cost :-
|
Indirect Labor |
$ |
2400 |
|
Indirect Material |
3340 |
|
|
Factory Rent |
3,250 |
|
|
Factory Supervision |
4,790 |
|
|
Factory Depreciation |
5,720 |
|
|
Factory Janitorial Work |
1,220 |
|
|
Factory Insurance |
1,710 |
|
|
|
||
|
Actual Manufacturing Overhead Costs |
$ |
22430 |
(4) Actual OH = $22430
OH applied = $17672
Overhead Under applied = $22430 - $17672 = $4758
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