Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs...

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Columbus Company provides the following ABC costing information: Activities Labor Gas Invoices Total costs Total Costs $376,0

Invoices 1,500 invoices 400 invoices 4,600 invoices If labor hours are used to allocate the non- labor, overhead costs, what

business accounting

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Answer 1

Answer #1

Calculation of predetermined overhead based on direct labor hours

Predetermined overhead rate	Total overhead costs/Direct labor hours
Predetermined overhead rate	(6000+130000)/8000
Predetermined overhead rate	$17	per direct labor hour

Thus, overhead allocation rate is $17 per direct labor hour

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Answer 2

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