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ci Finch, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Equipment depreciation Supplies Materials handling Property taxes Production setup Rent
ci Finch, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Equipment depreciation Supplies Materials handling Property taxes Production setup Rent Maintenance Supervisory salaries $191,100 20,500 32,800 14,300 19,300 43,400 39,100 193,900 The company uses a predetermined overhead rate based on machine hours Estimated hours for labor in Year 3 were 219,000 and for machines were 132,000 Required a. Calculate the predetermined overhead rate (Round your answer to 2 decimal places.) b. Determine the amount of manufacturing overhead applied to Work in Process Inventory during the Year 3 period i actual machine hours were 147.000 (Do not round Intermediate calculations.) per machine hour a. Predetermined overhead rato 6. Applied manufacturing overhead chor anything WENG
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