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Dimopoulos Pools manufactures swimming pool equipment. Dimopoulos has estimated the following manufacturing overhead rates using different independent situations: (Click the icon to view the rates.)
Dimopoulos Pools manufactures swimming pool equipment. Dimopoulos has estimated the following manufacturing overhead rates using different independent situations: (Click the icon to view the rates.) Determine the total manufacturing overhead allocated to Dimopoulos's manufacturing jobs in the following independent situations 1 Assume that the company actually used 25,500 direct labor hours. 2. Assume that the company actually incurred $984,000 of direct labor cost. 3. Assume that the company actually ran the machines 19,600 hours. 4. Briefly explain what you have learned about the total manufacturing overhead allocated to production 1. Determine the total manufacturing overhead allocated to Dimopoulos's manufacturing jobs assuming that the company actually used 25,500 direct labor hours. Enter the formula and compute the total manufacturing overhead allocated to Dimopoulos's manufacturing Jobs Manufacturing overhead allocated x 2. Determine the total manufacturing overhead allocated to Dimopoulos's manufacturing jobs assuming that the company actually incurred $984,000 of direct labor cost. Enter the formula and compute the total manufacturing overhead allocated to Dimopoulos's manufacturing jobs. (Enter whole percentages as a decimal to two places, XXX.) Manufacturing overhead allocated 3. Determine the total manufacturing overhand allocated to Dimonous's manufacturing los assuming that the comany actually ran the machines 19 600 hours 3. Determine the total manufacturing overhead allocated to Dimopoulos's manufacturing jobs assuming that the company actually ran the machines 10,000 hours. Enter the formula and compute the total manufacturing overhead allocated to Dimopoulos's manufacturing jobs. Manufacturing overhead allocated 4. Briefly explain what you have learned about the total manufacturing overhead allocated to production The total amount of manufacturing overhead allocated during the year is dependant upon two factors As a result, a company could either overallocate or underallocate manufacturing overhead depending on i Data Table Predetermined overhead rate Direct labor hours Estimated manufacturing Estimated quantity overhead costs of allocation base $ 1,200,000 25,000 $ 1,200,000 $ 960,000 $ 1,200,000 20,000 Direct labor dollars $48.00 per DL hour 125% of DL cost $60.00 per MH Machine hours Print Done
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