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Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours At the beginning of the year, it estimated that 44,000
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours At the beginning of the year, it estimated that 44,000 direct labor-hours would be required for the period's estimated level of production The company also estimated $545,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $751.443 and its actual total direct labor was 44,500 hours Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Luthan Company uses a plantwide predetermined overhead rate of $22 20 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $266.400 of total manufacturing overhead cost for an estimated activity level of 12.000 direct labor hours The company incurred actual total manufacturing overhead cost of $270,000 and 10,800 total direct labor-hours during the period Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period Mamufacturing overhead applied Che Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $13.00 per hour. The following information pertains to Job A-500 Direct materials Direct labor $290 $260 Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 60 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.) Tatal manufacturing cost Unit product cost per unit
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