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14 Problem Set Chapter 1 ACC 202 Milestone One Gu Cant reach this page CengageNOWV2 Onlinx + € - 0 https://2.cengagenow.com/

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Answer #1
a) Number of days surgical room operated = 365 - 14 = 351
Per day average use of operating room = 8 hours
Total estimated yearly hours used = 351 * 8 = 2808 hours
Total estimated operating room overhead per year = $980000
Predetermined operating room overhead rate = estimated overhead / estimated hours
$980000 / 2808 hours = $349 per hour
b) Operating room overhead charged to Bill Harris for 3 hours = 349*3 = 1047
c) Applied overhead in jan. = 194 * 349 = $67706
Actual overhead costs in jan. = $66400
over-applied overhead = 67706 - 66400 = 1306
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