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Design Arts Associates is an interior decorating firm in Berlin. The following costs were incurred in the firms contract to
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Cost Drivers Overhead Rate
(a) Machine hours $       45.50 per machine hours
(b) Direct labor hours $       18.20 per direct labor hours
© Direct-labor dollars $          1.30 per direct labor dollar

Detailed workings for calculation of pre determined overhead rate

Cost Drivers Formula Overhead Rate
Machine hours Budgeted Manufacturing overhead = 364000 $ 45.50 per machine hours
Budgeted Machine hours 8000
Direct labor hours Budgeted Manufacturing overhead = 364000 $ 18.20 per direct labor hours
Budgeted Direct labor hours 20000
Direct-labor dollars Budgeted Manufacturing overhead = 364000 $    1.30 per direct labor dollar
Budgeted Direct labor dollar cost 280000
Direct labor dollar cost =20000*$14 $                          280,000
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