The following data relates to Mangini Company's estimated amounts for next year. Estimated: Department 1 Department...
The following data relates to Mangini Company's estimated
amounts for next year.
| Estimated: | Department 1 | Department 2 | |||||
| Manufacturing overhead costs | $ | 500,000 | $ | 580,000 | |||
| Direct labor hours | 74,000 | DLH | 84,000 | DLH | |||
| Machine hours | 2,800 | MH | 3,400 | MH | |||
What is the company's plantwide overhead rate if machine hours are
the allocation base?
Homework Answers
Ans : Overhead rate = Total manufacturing overhead / estimated allocation base
Total manufacturing overhead = $ 500,000 + $ 580,000
= $ 1,080,000
Total machine hours = 2,800 + 3,400
= 6,200 M hours
Overhead rate = $ 1,080,000 / 6,200
= $ 174.19 per M Hour
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The following data relates to Mangini Company's estimated
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