Homework Answers
CALACULATION OF OVERHEAD RATE FOR THE YEAR 2020, ON THE BASIS OF DIRECT LABOUR HOURS ( DLH ) :
Given, Estimated Direct labour hours = 1700 hrs.
Total Estimated overhead costs
= ( factory supplies + factory maintainance + Advertising + Factory Rent+ Sales salaries+ factory insurance )
= $19400 + $28100 + $45600 + $48400 + $48000 + $62900
= $252400.
THEREFORE,
OVERHEAD RATE
= (Estimated overhead costs ÷ Estimated direct labour hours)
= ( $252400 ÷ 1700 )
= $148.47 per DLH.
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