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Check my w Luthan Company uses a plantwide predetermined overhead rate of $23.10 per direct labor-hour. This predetermined rate was based on a cost formula
Check my w Luthan Company uses a plantwide predetermined overhead rate of $23.10 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $277,200 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $268,000 and 10,500 total direct labor-hours during the period Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period anufacturing overhead applied Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 30,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $507,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $660,325 and its actual total direct labor was 30,500 hours. and it Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH
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