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Calculating Manufacturing Overhead Rates Glassman Company accumulated the following data for 2016 Milling Department manufacturing overhead $364,000 Finishing Department manufacturing overhead $140,000 Machine hours used
Calculating Manufacturing Overhead Rates Glassman Company accumulated the following data for 2016 Milling Department manufacturing overhead $364,000 Finishing Department manufacturing overhead $140,000 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. $ per machine hour b. Calculate the company-wide manufacturing overhead rate using direct labor hours as the allocation base. $ per machine hour | C. Calculate department overhead rates using machine hours in Milling and direct labor hours in Finishing as the allocation bases. per Milling Dept. machine hour # # 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. per Milling Dept. direct labor hour # # per Finishing Dept. machine hour
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