Homework Answers
Calculate following
| Vandalia factory | Merced factory | |
| Estimated manufacturing overhead | 4125000 | 2625000 |
| Estimated amount of allocation base | 4125000/25 = 165000 DLH | 150000 MHs |
| Predetermine overhead rate | $25 per DLH | 2625000/150000 = 17.50 MH |
| Actual amount of allocation Base | 4225000/25 = 169000 DLH | 147000 MHs |
| Actual manufacturing overhead | 4115000 | 2585000 |
| Applied manufacturing overhead | 4225000 | 17.50*147000 = 2572500 |
| Under and over applied overhead | 4225000-4115000 = 110000 Over applied | 2585000-2572500 = 12500 Under applied |
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2. (6 points) Gonzalez, Inc. manufactures stereo speakers in two factories; one in Vandalia, Illinois and...
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2. Gonzalez, Inc. manufactures stereo speakers in two factories; one in Vandalia, Illinois and another in Merced, California. The Vandalia factory uses direct labor hours (DLHs) for its overhead rate and the Merced factory uses machine-hours (MHs) for its overhead rate. Information related to both plants for last year is presented below: Estimated manufacturing overhead Estimated amount of allocation base Predetermined overhead rate.. Actual amount of allocation base....... Actual manufacturing overhead Applied manufacturing overhead Under or overapplied overhead (indicate the...
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