predetermined overhead Rate = total estimated manufacturing overhead / estimated direct labor hours
total estimated manufacturing overhead = fixed manufacturing overhead + variable manufacturing overhead
= 497000+ (direct labor hours * variable manufacturing overhead per hour )
= 497000+(70000*2.4)
= 497000+168000
= 665000
predetermined overhead Rate = 665000/70000
= $9.50 per direct labor hour
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor hours. The company has provided the following data concerning Job T498 which was recently completed: 40 80 Number of units in the job Total direct labor-hours Direct materials Direct labor cost...
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed: Number of units in the job 40 Total direct labor-hours 80 Direct materials $ 950 Direct labor...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data Total direct labor-hours Total fixed manufacturing overhead cost Variable nanufacturing overhead per direct labor-hour 40,000 96,000 $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 두 755 $4,000 The...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 755 $4,000...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 70,000 $273,000 $ 6.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 50 100 $ 680 $7,000 The...
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $480,000, variable manufacturing overhead of $2.40 per machine-hour, and 64,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed: Number of units in the job 10 Total machine-hours 80 Direct materials $ 1,000 Direct labor cost $ 2,000 The...
Panther Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $462,000, variable manufacturing overhead of $3.20 per machine- hour, and 60,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed: Number of units in 20 the job Total machine-hours 80 Direct materials $940 Direct labor cost $2,240 The total...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following datar Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 70,000 $273, eee $ 6.00 Recently, Job P951 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost se 100 $ 680 $7,000...
12 Dehner Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor hour 40,000 $96,000 $ 3.00 02:0753 Recently, Job P951 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 96,000 Total fixed manufacturing overhead cost $499,200 Variable manufacturing overhead per direct labor-hour $ 2.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 100 100 $ 640 $9,600 The...