| *Refer to the Chart of Accounts for exact wording of account titles. Since the company is more reliant on labor than machines, Maria decides to use direct labor hours (DLH) as the activity base A measure of activity that is related to changes in cost. Used in analyzing and classifying cost behavior. Activity bases are also used in the denominator in computing the predetermined factory overhead rate to assign overhead costs to cost objects. for her predetermined factory overhead rate, rather than machine hours (MH). Estimated Selected Amounts for the Year | Estimated depreciation on equipment | $1,200.00 | Estimated total Office Manager/Knitting Supervisor wages | $36,000.00 | Estimated office utilities | $3,000.00 | Estimated factory utilities | $4,800.00 | You are in Column Estimated Selected Amounts for the YearEstimated factory rent | You are in Column Estimated Selected Amounts for the Year$24,000.00 | Activity Base Data | | Estimated number of DLH for the year | 5,000 | You are in Column Activity Base DataEstimated number of MH for the year | 3,500 | Compute the predetermined factory overhead rate for the current year. If required, round your answers to the nearest cent. selector 1$9.60 per DLH - $13.80 per DLH
- $13.71 per DLH
- $13.20 per DLH
- Another amount per DLH
- $9.60 per DLH
Points: Feedback Check My Work Explanation none X Materials Requisition Materials Requisition | | | Date: Dec. 10 | Req. No. 12255 | Job No. 83 | | | Description | Qty. Issued | Unit Price | Amount | Yarn type B | 600 skeins | $5.00 | $3,000 | | | Total issued | $3,000 | none X Time Tickets Time Ticket | No. 1255 | Name: | Susan Blake | | Work Description: | Knitting/piecing | | | | Dates | Job No. | Hours Worked | Unit Price | Amount | 12/01-12/15 | 62 | 65 | $15.00 | $975.00 | 12/16-12/31 | 83 | 103 | $15.00 | $1,545.00 | | | | Total Cost | $2,520.00 | Time Ticket | No. 2274 | Name: | Josh Porter | | Work Description: | Knitting/piecing | | | | Dates | Job No. | Hours Worked | Unit Price | Amount | 12/01-12/15 | 62 | 75 | $15.00 | $1,125.00 | 12/16-12/31 | 83 | 88 | $15.00 | $1,320.00 | | | | Total Cost | $2,445.00 | Time Ticket | No. 3923 | Name: | Mary Jones | | Work Description: | Knitting/piecing | | | | Dates | Job No. | Hours Worked | Unit Price | Amount | 12/01-12/15 | 62 | 60 | $15.00 | $900.00 | 12/16-12/31 | 83 | 109 | $15.00 | $1,635.00 | | | | Total Cost | $2,535.00 | none X Job Cost Sheets Add the amounts in requirements 2(B), 3(C), and 6(C) to the appropriate areas of the following job cost sheets. If there is no amount or an amount is zero, enter "0". If required, round your answers to the nearest cent. Job 62 | 100 units: | Sweaters | | | | Direct Materials | Direct Labor | Factory Overhead | Total | Balance Dec. 1 | $5,000 | $300 | $104 | $5,404 | Dec. 15 | | | | | Total Cost | | | | | | | | Unit Cost | | Points: Feedback Check My Work Explanation Job 83 | 200 units: | Sweater vests | | | | Direct Materials | Direct Labor | Factory Overhead | Total Job Cost | Balance Dec. 1 | $0 | $0 | $0 | $0 | Dec. 10 | | | | | Dec. 31 | | | | | Total Cost | | | | | |