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MANAGEMENT ACCOUNTING Mark attempt OVERHEAD COST ALLOCATION Darryl & Sittler are production managers at the Darryl Sittler Pty Ltd trailer factory in High River, Alberta, Canada. Both managers use predetermined overhead application rates to apply manufacturing overhead to their production. To calculate their application rates Darryl uses machine hours while Sittler uses direct labour hours. Create new question BUDGETED production and cost data for the two managers follows. Darryl Sittler Manufacturing overhead $240,500 $220,000 Units 5,000 7,500 Machine hours 6,500 8,500 Material cost $13,000 $13,000 Direct labour hours 6,500 10,000 Direct labour cost $234,000 $232,000 ACTUAL production and production information follows. Darryl Sittler Manufacturing overhead $246,500 $218,500 Units 7,000 8,500 Machine hours 7,500 8,500 Material cost $16,000 $16,000 Direct labour hours 6,500 8,000 Direct labour cost $221,000 $203,500 REQUIRED: Don't worry about rounding your answers. 1. 2. 3. 4. 5. Compute Darryl's predetermined overhead application rate. Compute Sittler's predetermined overhead application rate. Compute Darryl's overhead applied. Compute Sittler's overhead applied. Compute Darryl's over (under) application of overhead. $37.00 $22.00 $277,500 $176,000 $31,000