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Kingbird Company has gathered the following information: $13,320 $10,350 Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Standard labour
Kingbird Company has gathered the following information: $13,320 $10,350 Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Standard labour hours 9,000 9,500 During the year, 3,290 units were produced, 10,200 hours were worked, and the actual manufacturing overhead was $21,400. Actual fixed overhead totalled $10,420. Kingbird 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, eg. 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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