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i got the predetermined overheard rate correct of $15 per DL hour. but when i multiply that by the actual hours worked and get 273,000
i got the predetermined overheard rate correct of $15 per DL hour. but when i multiply that by the actual hours worked and get 273,000 as the applied overhead it is telling me that its wrong. help!!!
Wheeler's Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of each bike. Estimated costs and expenses for the coming year follow: Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.51 per hour. 2. Determine the amount of applied overhead if 18,200 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Determine the omount of applied overhead if 18,200 actual hours are worked in the upcoming year. Note: Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar Step by Step Solution
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