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Convert Departmental Data to Plantwide Data, Plantwide Overhead Rate, Apply Overhead to Production At the beginning of the ye

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  • Requirement 1
    Predetermined plantwide overhead rate = Total Overhead / Total DLHs
    = $ 828000 / 331200
    = $ 2.50 per DLHs
  • Requirement 2
    Overhead applied to production
    =Actual DLHs x predetermined rate
    = 27800 DLHs x $ 2.50
    = $ 69,500
  • Requirement 3

Overhead Variance = $ 69500 applied - $ 68362 actual overhead
= $ 11380 Favourable

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