Requirement 1
Predetermined Overhead Rate | $ 9.4 | Per DL Hour |
Explanation:
Predetermined overhead rate: = $ 182,360 ÷ 19,400 hour
= $ 9.4 per direct labor hour
Requirement : 2
Applied manufacturing overhead :
= Predetermined overhead rate × Actual value of allocation base
= $ 9.4 per DL hour × 1,940 actual direct labor hour
= $ 18,236
Requirement: 3
Indirect Labor | $ 2480 |
Indirect Material | $ 3320 |
Factory Rent | $ 3230 |
Factory Supervision | $ 4890 |
Factory Depreciation | $ 5630 |
Factory Janitorial Work | $1150 |
Factory Insurance | $1820 |
Actual Manufacturing Overhead Costs | $ 22,520 |
Requirement :4
Actual overhead | $22,520 |
Applied overhead | ( $ 18,236) |
Under Applied Overhead | $ 4284 |
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