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Drop Down Options: Actual overhead cost Actual qty of the allocation base used Estimated overhead cost Estimated qty of the allocation base used Predetermined OH
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Actual overhead cost
Actual qty of the allocation base used
Estimated overhead cost
Estimated qty of the allocation base used
Predetermined OH allocation rate
Data Table Assembly Department 380,000 rtment Packaging Department 439,500 Total 819,500 $ $ $ Overhead costs Machine hours: Basic Model 195,500 MHr 64,500 MHR 260,000 MHr Professional Model 42,000 MHT 237.500 MHT 443,000 MHE 507 500 MHr 485,000 MHr 745.000 MH Total Direct labor hours: Basic Model 50,000 DLHr 85,000 DLHr 135,000 DLHO Professional Model 55.625 DLHT 105,625 DLHr 464,375 DLHO 549,375 DLHY = 520,000 DLH 655,000 DLH Total Print Done Zapata makes handheld calculators in two models--basic and professional--and wants to refine its costing system by allocating overhead using departmental rates. The estimated $819,500 of manufacturing overhead has been divided into two cost pools: Assembly Department and Packaging Department. The following data have been compiled: E: (Click the icon to view the data.) Read the requirements. Compute the predetermined overhead allocation rates using machine hours as the allocation base for the Assembly Department and direct labor hours for the Packaging Department. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each department. (Abbreviation used: Qty = quantity. Enter the allocation rates to the nearest cent.) Predetermined OH allocation rate = Assembly Packaging How much overhead is allocated to the basic model? To the professional model? Begin by selecting the formula to allocate overhead (OH) costs. (Abbreviation used: Qty = quantity.) = Allocated mfg. overhead costs Compute the total overhead allocated to the basic model, and then compute the total overhead allocated to the professional model. Basic Model Professional Model Manufacturing overhead-Assembly Manufacturing overhead-Packaging Total manufacturing overhead cost
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