Daguio corporation uses direct labor hours in its predetermined overhead rate. at the beginning of the year, the total estimated manufacturing overhead was $224,580. At the end of the year actual direct labor hours for the year were 18,200 hours manufacturing overhead for the year was under applied by 12,100, and the actual manufacturing overhead was $219,580. The predetermined overhead rate for the year must have been closest to:
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Ответ:
$11.40 per direct labor-hour
Explanation:
Calculation for predetermined overhead rate for the year must have been closest to
First step is to calculate the Manufacturing overhead applied using this formula
Manufacturing overhead applied = Actual overhead - Underapplied overhead
Let plug in the formula
Manufacturing overhead applied=$219,580 - $12,100
Manufacturing overhead applied= $207,480
Now let calculate the Predetermined overhead rate using this formula
Predetermined overhead rate = Estimated total manufacturing overhead / Estimated total amount of the allocation base
Let plug in the formula
Predetermined overhead rate = $207,480 / 18,200 direct labor-hours
Predetermined overhead rate = $11.40 per direct labor-hour
Therefore The predetermined overhead rate for the year must have been closest to:$11.40 per direct labor-hour
Ответ: