Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...

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Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company est

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Answer 1

Answer #1

1. Predetermined overhead rate = Overhead / direct labor hours

= $ 498,300/85,250 direct labor hours

= $ 5.84516129 per direct labor hour

Answer = $ 5.85 per direct labor hour

2. Overhead applied = Predetermined overhead rate * direct labor hours in March

= $ 5.85 per direct labor hour * 17,050

= $ 99,743

Answer = $ 99,743

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Answer 2

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