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Dukes Company uses a predetermined overhead rate based on direct labor hours: Estimated costs and activity during the year: Estimated annual manufacturing overhead cost $54,000
Dukes Company uses a predetermined overhead rate based on direct labor hours: Estimated costs and activity during the year: Estimated annual manufacturing overhead cost $54,000 Estimated annual direct labor hours 13, 500 Actual costs and activity during the year Actual manufacturing overhead cost for the year $53, 460 Actual direct labor hours worked during the year 13, 200 What predetermined overhead rate would Dukes Co use for manufacturing overhead? $3.96 per direct labor hour $4.00 per direct labor hour $4.05 per direct labor hour $4.09 per direct labor hour None of the above Please consider the following items labeled as A, B, and C. Wood in an oak desk Grease used to maintain the production equipment Wages of the assembly line production workers Which of the following best relates the above items to the manufacturing costs of direct materials, direct labor, and overhead? A = Direct Materials. B = Direct Materials. C = Direct Labor A = Direct Materials, B = Overhead. C = Direct Labor A = Direct Materials, B = Overhead. C = Overhead A = Overhead, B = Overhead, C = Direct Labor A = Overhead, B = Overhead, C = Overhead JP Manufacturing Co produces two products. The products' expected costs are as follows: The company's expected overhead costs of $57,000 are allocated based on direct material cost. Assume 4,000 units of product A and 5,000 units of Product B are expected to be produced What is the predetermined overhead rate? $ 3.35 $ 2.04 $ 1.68 $ 1.36 $ 0.75
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