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During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs, expenses, and operating data: Direct material (16,000 lb.) Direct labor (@ $10/hr.)
During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs, expenses, and operating data: Direct material (16,000 lb.) Direct labor (@ $10/hr.) Indirect material Indirect labor Sales commissions Factory administration Non factory administrative expenses Other manufacturing overhead* *Provides for operating 40,000 machine hours. $ 80,000 200,000 12,000 22,000 34,000 16,000 20,000 80,000 a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direc Round direct labor hours and machine hours answers to two decimal places, when applicable. Round direct labor costs to the neares Application base Direct labor hours Direct labor costs Machine hours Manufacturing overhead rate $ 112 x 70% * $ 112 x b. For each item in requirement a, determine the proper application of manufacturing overhead to Job 63, to which 16 direct labor h Round answers to two decimal places, when applicable. Overhead applied to Job Application base 63 Direct labor hours $ 112 X Direct labor costs $ 105 x Machine hours $ 112 X
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