Homework Answers
Budgeted Overhead = $450,000
Budget Direct Labor hours = 50,000 hours
Predetermined Overhead = Budgeted Overhead / Budgeted Labor hours
Predetermined Overhead = $450,000 / 50,000
Predetermined Overhead = $$9 / hr
Applied Overhead = Predetermined Overhead * Actual Direct Labor hours
Applied Overhead = $9 * 75,000 hours
Applied Overhead = $675,000
Option 'D' is correct
$675,000
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16) The following information is provided by Zinger Corporation for the year: Actual direct labor hours...
16) The following information is provided by Zinger Corporation for the year: Actual direct labor hours...
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17) The following information is provided by the Sutton Corporation for the year: Actual Overhead $ 450,000 Actual machine hours worked 25,000 Budgeted machine hours 27,500 Applied overhead $ 487,500 If normal costing is used, budgeted overhead used to calculate the predetermined rate would be: a) S 443,250. b) $ 450,000 c) $ 487,500 d) $ 536,250. Answer: (5 points)
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