9 Harris Fabries computes its predetermined overhead nate annally on the basis of direet labor hours. At the beginning of the year it estimated that its total manufacturing overhead would be $134,000 and the fotal direct labor would be 20,000 bourn. Its actual total manuficturing overhead for the year was $123,900 and its actual total direct labor was 21,000 bours. Requined: Compute the company's predetermined overthead rate for the year. 10 Luthan Company uses a predetermined overhead rate of 523,40 per direct labor-hour. This predetermined rate was based on 11,000 estimated direct labor-bours and $257,400 of estimated total manufacturing overhead. The company incurred actual totel manufacturing overhead costs of $249,000 and 10,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overbead that would have been applied to units of product during the period. 11 Lamed Corporation recorded the following transactions for the just completed month. a. $71,000 in raw materials were requisitioned for use in production. Of this amount, $62,000 Was for direct materials and the retmainder was for indirtet materials. b. Total labor wages of $112,000 were incurrod. Of this amount, $101,000 was for direct labor and the remainder was for indireet labor. c. Additional actual manuficturing overbead costs of $175,000 were incurred. d. A total of $188,000 in manufacturing ovethead was applied to jobs. Required: Determine the underapplied or overapplied overhead for the month. 12 Osborm Manufacturing uses a predetermined overhead rate of $18.20 per direct labor-hour. This predetermined rate was based on 12,000 estimated direct labor-bours and $218,400 of estimated total manufacturing overhead. The company incurred actual total manufacturing overhead costs of $215,000 and 11,500 total direct labor-bours during the period. Required: 1. Determine the amount of underapplied or overapplied manufacturing overhend for the period. 2. Assuming that the entire amount of the underapplied or overapplied overhead is closed out to the company's gross mat would be the effeet of the underapplied or overapplied overhead on 13 Harwood Company uses a job-order costing system. Overhead costs are applied to jobs on the basis of machine-hours. At the beginning of the year, management estimated that the company would work 80,000 machine-hours and incur $192,000 in manufacturing overhead for the year. Reguired: 1. Compute the company's predetermined overhead rate. 2. Assume that during the year the company actually worked 75,000 machine-hours and incurred $184,000 of manufacturing overhead costs. Compute the amount of underapplied or overapplied overhead for the year. 3. Explain why the manufacturing overhead was underapplied or overapplied for the year