4-27: Job Costing, various cost drivers. (J. Watson) Rochester Ltd. has budgeted $435,000 for manufacturing overhead for the upcoming year. It forecast that 72,500 machine hours will be used in the factory, and budgeted direct labour-hours were 17,400. The average direct labour rate is budgeted to be $20 Actual data for the year were: Actual manufacturing overhead: $434,300 Actual machine hours: 73,010 Actual direct labour wage rate: $19.60 Actual direct labour-hours worked: 17,630 REQUIRED: 1. Compute the budgeted manufacturing overhead rate under each of the following cost drivers: a. Direct labour-hours b. Direct labour cost c. Machine hours

4-27: Job Costing, various cost drivers. (J. Watson) Rochester Ltd. has budgeted $435,000 for manufacturing overhead for the upcoming year. It forecast that 72,500 machine hours will be used in the factory, and budgeted direct labour-hours were 17,400. The average direct labour rate is budgeted to be $20 Actual data for the year were: Actual manufacturing overhead: $434,300 Actual machine hours: 73,010 Actual direct labour wage rate: $19.60 Actual direct labour-hours worked: 17,630 REQUIRED: 1. Compute the budgeted manufacturing overhead rate under each of the following cost drivers: a. Direct labour-hours b. Direct labour cost c. Machine hours 4-27: Job Costing, various cost drivers. (J. Watson) Rochester Ltd. has budgeted $435,000 for manufacturing overhead for the upcoming year. It forecast that 72,500 machine hours will be used in the factory, and budgeted direct labour-hours were 17,400. The average direct labour rate is budgeted to be $20 Actual data for the year were: Actual manufacturing overhead: $434,300 Actual machine hours: 73,010 Actual direct labour wage rate: $19.60 Actual direct labour-hours worked: 17,630 REQUIRED: 1. Compute the budgeted manufacturing overhead rate under each of the following cost drivers: a. Direct labour-hours b. Direct labour cost c. Machine hours