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Blaney Company provided the following information. Estimated annual manufacturing overhead costs $422,000 Estimated annual direct labor costs $168,800 Estimated annual machine hours 105,500 Actual
Blaney Company provided the following information. Estimated annual manufacturing overhead costs $422,000 Estimated annual direct labor costs $168,800 Estimated annual machine hours 105,500 Actual direct labor cost on Job 12 $4,600 Actual machine hours on Job 12 3,300 Compute the amounts for each of the following 1. 2. Predetermined Overhead Rate per Machine Hour (Round dollar amount to 2 decimal places, e.g. 1.25.) Predetermined Overhead Rate based on Direct Labor Cost (Round percentage to 2 decimal places, eg. 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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