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Calculating Manufacturing Overhead Rates Glassman Company accumulated the following data for 2016: Milling Department manufacturing overhead $344,000 Finishing Department manufacturing overhead $120,000 Machine hours used

Calculating Manufacturing Overhead Rates Glassman Company accumulated the following data for 2016:

Milling Department manufacturing overhead

$344,000

Finishing Department manufacturing overhead

$120,000

Machine hours used

Milling Department

10,000

hours

Finishing Department

2,000

hours

Labor hours used

Milling Department

1,000

hours

Finishing Department

1,000

hours

Round answers to two decimal places, if applicable. a. Calculate the company-wide manufacturing overhead rate using machine hours as the allocation base. $Answer per machine hour

b. Calculate the company-wide manufacturing overhead rate using direct labor hours as the allocation base. $Answer per machine hour

c. Calculate department overhead rates using machine hours in Milling and direct labor hours in Finishing as the allocation bases. $Answer per Milling Dept. machine hour $Answer per Finishing Dept. direct labor hour

d. Calculate department overhead rates using direct labor hours in Milling and machine hours in Finishing as the allocation bases. $Answer per Milling Dept. direct labor hour $Answer per Finishing Dept. machine hour

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