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2-1 &2-2 in a google sheet or excel doc if possible Exerc ed, an ailab EXERCISE 2-1 Compute a Predetermined Overhead Rate LO2-1 Larch Harris

2-1 &2-2 in a google sheet or excel doc if possible

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Exerc ed, an ailab EXERCISE 2-1 Compute a Predetermined Overhead Rate LO2-1 Larch Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $94,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $123,900 and its actual total direct labor was 21,000 hours. applied Required: Compute the company's plantwide predetermined overhead rate for the year. EXERCISE 2-2 Apply Overhead Cost to Jobs LO2-2 Luthan Company uses a plantwide predetermined overhead rate of $23 40 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $257,400 of total manufactur ing overhead cost for an estimated activity level of 11,000 direct labor-hours. 23. 40 x 10, 8 The company incurred actual total manufacturing overhead cost of $249,000 and 10,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. actual

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