Question
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $570,000 Direct labor hours
Calculating the Predetermined Overhead Rate, Applying Overhead to Production
At the beginning of the year, Debion Company estimated the following:
Overhead | $570,000 |
Direct labor hours | 64,250 |
Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 14,778.
Required:
1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $fill in the blank 1 per direct labor hour
2. Calculate the overhead applied to production in March. If required, round your answer to nearest whole value. $fill in the blank 2
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