Homework Answers
The answer is $13.00
Predetermined Overhead Rate = Estimated Manufacturing Overhead/Estimated Direct Labor Hours(allocation base)
= $325,000/25,000
= $13 per direct labor hour
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Manufacturing overhead was estimated to be $325,000 for the year along with 25.000 direct labor hours. Actual manufacturing overhead was $468,750 and actual labor hours were 26,900 The predetermined overhead rate per direct labor hour would be: Multiple Choice $1.08 $18.75 $19.24 $13.00
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Iz 2 Saved Help Save & Exit Subm Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials Direct labor-hours Direct labor wage rate Machine-hours $2,472 74 labor-hours $ 19 per labor-hour 134 machine-hours 00:10:13 The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $20 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be: Multiple Choice...
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Ch 2 Foundational 15 Saved Help Save & Exit Sub 3 Check my work Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P and Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March):...
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