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Blaney Company provided the following information. Estimated annual manufacturing overhead costs $464,100 Estimated annual direct labor costs $165,750 Estimated annual machine hours 119,000 Actual
Blaney Company provided the following information. Estimated annual manufacturing overhead costs $464,100 Estimated annual direct labor costs $165,750 Estimated annual machine hours 119,000 Actual direct labor cost on Job 12 Actual machine hours on Job 12 $5,000 3,900 Compute the amounts for each of the following. 1. Predetermined Overhead Rate per Machine Hour (Round dollar amount to 2 decimal places, e.g. 1.25.) 2. Predetermined Overhead Rate based on Direct Labor Cost (Round percentage to 2 decimal places, e.g. 1.25.) % 3. Overhead Applied Using Machine Hours as the Activity Base 4. Overhead Applied Using Direct Labor Cost as the Activity Base
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