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Luthan Company uses a plantwide predetermined overhead rate of $23.30 per direct labor-hour. This predetermined rate was base
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Working Notes:
CACLULATION OF OVERHEAD APPLICATION RATE PER LABOR HOURS
Overhead Application Rate = Budgeted Overhead Cost   "/" Budgeted Labor Hours "=" Estimated Overhead rate PER Labor Hrs
Overhead Application Rate = $                     2,79,600 "/"                        12,000 "=" $                     23.30
Solution:
CALCULATION OF TOTAL OVERHEAD APPLIED WHEN ACTUAL HOURS ARE USED 11,600
Applied Ovehead              = Actual Hours Used   "X" Rate Per Hours "=" Overhead Cost Applied
Applied Ovehead              =                             11,600 "X" $                      23.30 "=" $               2,70,280
Applied Ovehead              = "=" $                2,70,280
Answer = Overhead Applied = $ 270,280
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