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Indigo Company has gathered the following information: Variable manufacturing overhead costs $13,950 Fixed manufacturing overhead costs $10,980 Normal production level in labour hours 9,000
Indigo Company has gathered the following information: Variable manufacturing overhead costs $13,950 Fixed manufacturing overhead costs $10,980 Normal production level in labour hours 9,000 Standard labour hours 9,400 During the year, 3,110 units were produced, 10,600 hours were worked, and the actual manufacturing overhead was $22,100. Actual fixed overhead totalled $11,030. Indigo applies overhead based on direct labour hours. (a) Calculate the total, fixed, and variable predetermined overhead rates. (Round calculations and final answer to 2 decimal places, e.g. 15.25.) Fixed predetermined ovehead rate $ per DL hour Variable predetermined ovehead rate $ per DL hour Total predetermined ovehead rate $ per DL hour
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