Requirement 1:
Predetermined Overhead rate = Overhead Direct Labor Hours
Predetermined Overhead rate = $582,100 67,500
Predetermined Overhead rate = $8.62
Requirement 2:
Overhead Applied to production in March = Predetermined Overhead rate Direct Labor hours
Overhead Applied to production in March = $8.62 17,550
Overhead Applied to production in March = $151,281
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Nature's...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $881,200 Direct labor hours 93,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 19,530. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ per direct labor hour 2. Calculate the overhead applied to production in March....
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $876,200 Direct labor hours 89,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 17,800. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $498,300 Direct labor hours 85,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 17,050. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ per direct labor hour 2. Calculate the overhead applied to production in March....
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $445,300 Direct labor hours 76,500 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 13,005. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $900,100 Direct labor hours 90,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 21,600. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ 10.00 per direct labor hour 2. Calculate the overhead applied to production in...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $702,800 Direct labor hours 86,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 21,563. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ 8.15 per direct labor hour 2. Calculate the overhead applied to production in...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $507,500 Direct labor hours 90,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 8,300. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Retrieving data. Wait a...
04.39 Calculating the Predetermined Overhead Rate, Applying Overhead to Production. Reconciling Overhead at the End of the Year, Adjusting Cost of Goods Sold for Underand Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $240,000 Direct labor hours 80,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 8,250. By the end of the year, Han showed the following actual amounts:...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjusting Cost of Goods Sold for Under- and Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $280,000 Direct labor hours 70,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 8,550. By the end of the year, Han showed the following actual amounts:...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjusting Cost of Goods Sold for Under- and Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $240,000 Direct labor hours 80,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 8,450. By the end of the year, Han showed the following actual amounts:...