Question
ABC Company made the following estimates for the current year: Molding Assembly Total Estimated Overhead cost $360,000 $540,000 $900,000 Direct labor hours 12,000 30,000 42,000
ABC Company made the following estimates for the current year:
|
| Molding | Assembly | Total |
| Estimated Overhead cost | $360,000 | $540,000 | $900,000 |
| Direct labor hours | 12,000 | 30,000 | 42,000 |
| Machine Hours | 10,000 | 20,000 | 30,000 |
The predetermined department overhead rate for assembly based on direct labor hours would be:
$18
$17
$30
$36
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Financial Accounting
Authors: Robert Libby
6th Edition
0077405641, 978-0077405649
