Homework Answers
Part 1
Estimated manufacturing overhead = $3,245,580
Estimated direct labor hours = 219,000 hours
Predetermined overhead rate = Estimated manufacturing overhead/Estimated direct labor hours
= 3,245,580/219,000
= $14.82 per direct labor hour
Part 2
Manufacturing overhead applied = Actual direct labor hours x Predetermined overhead rate
= 480 x 14.82
= $7,114
Part 3
Estimated manufacturing overhead = $3,245,580
Estimated machine hours = 553,853
Predetermined overhead rate = Estimated manufacturing overhead/Estimated machine hours
= 3,245,580/553,853
= $5.86 per machine hour
part 4
Manufacturing overhead applied = Actual machine hours x Predetermined overhead rate
= 690 x 5.86
= $4,043
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