Homework Answers
Correct answer----------(b) $669,784
Working
| Calculation of Predetermined overhead rate | ||
| (A) | Estimated Overheads | $ 735,904.00 |
| (B) | Total labor hours estimated | $ 317,200.00 |
| (A/B) | Predetermined overhead rate | $ 2.32 per labor hour |
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| Calculation of Manufacturing overheads Applied | ||
| (A) | Predetermined overhead rate | $ 2.32 |
| (B) | Actual Labor Hours | 288700 |
| (A*B) | Applied Manufacturing Overheads | $ 669,784.00 |
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