Predetermined overhead rate
Overhead rate per direct labor cost = Manufacturing overhead cost/ direct labor cost
= $ 869440/ $494000
= $ 1.76
Overhead rate per direct labor hour = manufacturing ovehead cost / direct labor hours
= $869,440 / 49400
= $17.6
Overhead rate per machine hour = Manufacturing overhead cost / machine hours
= $869,440/ 98,800
= $8.8
Brief Exercise 2-6 Marquis Company estimates that annual manufacturing overhead costs will be $869,440. Estimated annual...
Marquis Company estimates that annual manufacturing overhead costs will be $841,680. Estimated annual operating activity bases are direct labor cost $501,000, direct labor hours 50,100, and machine hours 100,200. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour
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Coronado Company estimates that annual manufacturing overhead costs will be $828,000. Estimated annual operating activity bases are direct labor cost $450,000, direct labor hours 45,000, and machine hours 90,000. Compute the predetermined overhead rate for each activity base. Brief Exercise 15-06 Coronado Company estimates that annual manufacturing overhead costs will be $828,000. Estimated annual operating activity bases are direct labor cost $450,000, direct labor hours 45,000, and machine hours 90,000. Compute the predetermined overhead rate for each activity base. (Round...
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