Homework Answers
Solution
| Overhead rate per direct labor cost | 225.50% |
| Overhead rate per direct labor hour | $ 22.55 |
| Overhead rate per machine hour | $ 9.02 |
Working
| Direct labor cost | Direct labor hours | Machine hour | ||
| A | Manufacturing overhead | $ 902,000.00 | $ 902,000.00 | $ 902,000.00 |
| B | Hours / cost | $ 400,000.00 | 40000 | 100000 |
| C=A/B | Overhead rate | 225.50% | $ 22.55 | $ 9.02 |
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Marquis Company estimates that annual manufacturing overhead costs will be $841,680. Estimated annual operating activity bases...
Marquis Company estimates that annual manufacturing overhead costs will be $841,680. Estimated annual operating activity bases are direct labor cost $501,000, direct labor hours 50,100, and machine hours 100,200. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour
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Question 13 Marquis Company estimates that annual manufacturing overhead costs will be $904,700. Estimated annual operating activity bases are direct labor cost $415,000, direct labor hours 41,500, and machine hours 83,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour a A Overhead rate per machine hour
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machine hours 90,000. Compute the predetermined overhead rate for
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