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Exercise 4-4A Pooling overhead cost LO 4-2 anning Manufacturing Company produced 2,200 units of inventory in January 2018. It expects to produce an additional 8,600
Exercise 4-4A Pooling overhead cost LO 4-2 anning Manufacturing Company produced 2,200 units of inventory in January 2018. It expects to produce an additional 8,600 units during the remaining 11 months of the year. In other words, total production for 2018 is estimated to be 10,800 units. Direct materials and direct labor costs are $69 and $65 per unit, respectively. Fanning expects to incur the following manufacturing overhead costs during the 2018 accounting period: Production supplies $ 6,300 Supervisor salary Depreciation on equipment Utilities 179,000 138,000 26,000 220,400 Rental fee on manufacturing facilities Required a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. . Determine the cost of the 2,200 units of product made in January. a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. b. Determine the cost of the 2,200 units of product made in January. Complete this question by entering your answers in the tabs below. Required A Required B Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. (Round your answer to 2 decimal places.) Predetermined overhead rate per unit Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B Determine the cost of the 2,200 units of product made in January. January Indirect overhead costs Direct materials Direct labor Total Required A Required B
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