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For a printing company: (Based on 500 jobs this year) Average Cost Rate Average hours per new bid Average hours per contract jobs Annual total
For a printing company:
(Based on 500 jobs this year)
Average Cost Rate | Average hours per new bid | Average hours per contract jobs | Annual total of all jobs | ||
Direct Labour | |||||
Design Team | $95/hour | 18 | 5 | 7,375 hours | |
Layout | $75/hour | 6 | 4 | 2,750 hours | |
Printing Labour | $25/hour | 50 | 90 | 30,000 hours | |
40,125 hours |
Direct Materials | Average cost rate | average per new bid | average per contract job | annual total |
Paper Costs | $10/lbs | 800 lbs | 1200 lbs | 450,000 lbs |
Total Manufacturing Overhead - $1,007,000
What is the predetermined overhead rate?
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