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+ Content CengageNoW2 Online teachinx C Direct Materials Used, costo X Bom/in/takeAssignment/takeAssignmentMain.do?invoker-StakeAssignmentSessionLocator=&inprogress=false Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the

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+ Content CengageNoW2 Online teachinx C Direct Materials Used, costo X Bom/in/takeAssignment/takeAssignmentMain.do?invoker-StakeAssignmentSessionLocator=&inprogress=false Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the end of the Year, Adjusting Cost ar Good Sold for Under- and Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $270,000 Direct labor hours 90,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 8,350. By the end of the year, Han showed the following actual amounts: Overhead $276,000 Direct labor hours 89,600 Assume that unadjusted Cost of Goods Sold for Han was $395,000 Required: 1. Calculate the predetermined overhead rate for Han Round your answers to the nearest cent, if rounding is required. per direct labor hour 2. Calculate the overhead applied to production in January. (Note: Round to the nearest dollar ifrounding is required.) 3. Calculate the total applied overhead for the year (previous Su Test for Gradine Content 22 CmgegeNOW2 One teachinx C Direct as a Codoro X .v2.cengagenow.com/r/takeAssignment/takeAssignment Main.do?invoker BlakeAssignmentSession.ocator-&inprogress-false O Direct labor hours 90.900 Hon uses normal casting and applies overhead on the basis of direct labor hours. For the month of January, director hours were 8,350, by the end of the year, Han showed the following actual amounts: Overhead $276,000 Direct labor hours 89,600 Assume that unadjusted cost of Goods sold for Hon was $396,000. Required: 1. Calculate the predetermined overhead rate for Han. Round your answers to the nearest cent, irrounding is required per direct labor hour 2. Calculate the overhead applied to production in January. (Note: Round to the nearest dollar, I rounding is required) 3. Calculate the total applied overhead for the year Was overhead over- or underapplied? By how much? overheads 4. Calculate adjusted cost of Goods Sold after adjusting for the overhead variance oms 06 9 ME

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