Homework Answers
| Over-allocated manufacturing overhead = Budgeted manufacturing overhead - Actual manufacturing overhead |
| 1650 = Budgeted manufacturing overhead - 29900 |
| Budgeted manufacturing overhead = 29900+1650 = 31550 |
| Manufacturing overhead rate = Budgeted manufacturing overhead costs / Budgeted labour hours |
| 4.25 = 31550 / Budgeted labour hours |
| Budgeted labour hours = 31550/4.25 = 7424 hours |
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Showboat Corporation had actual manufacturing ovelhead costs for the most recent year of $29,500. Manufacturing overhead is allocated using a predetermined manufacturing overhead rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,250. How much manufacturing overhead was allocated in total during the year? O $28,250 O $30.750 O $29,500 $1,250
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34.
Showboat Corporation had actual manufacturing ovelhead costs for the most recent year of $29,500. Manufacturing overhead is allocated using a predetermined manufacturing overhead rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,250. How much manufacturing overhead was allocated in total during the year? O $28,250 O $30.750 O $29,500 $1,250
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