1.
Estimated manufacturing overhead = $171,120
Estimated direct labor hours = 18,400
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hours
= 171,120/18,400
= $9.30 per direct labor hour
Predetermined Overhead Rate | $9.30 | Per DL Hour |
2.
Applied manufacturing overhead = Actual direct labor hours x Predetermined Overhead Rate
= 1,840 x 9.30
= $17,112
Applied Manufacturing Overhead | $17,112 |
3.
Actual manufacturing overhead cost = indirect labor + Indirect materials + Factory rent + Factory supervision + Factory depreciation + Factory janitorial work + Factory insurance
= 2,510+3,480+3,340+4,870+5,630+1,190+1,880
= $22,900
Actual Manufacturing Overhead Costs | $22,900 |
4.
Under applied manufacturing overhead = Actual manufacturing overhead - Applied manufacturing overhead
= 22,900-17,112
= $5,788
Overhead | $5,788 | under applied |
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