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Oriole Company uses ajob order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct
Oriole Company uses ajob order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K In establishing the predetermined overhead rates for 2022, the following estimates were made for the year. Department E $ 1.237.500 $1,787,500 $990,000 $ 1.650,000 $ 1.375.000 $495.000 Manufacturing overhead Direct labor costs Direct labor hours Machine hours 110,000 440,000 137.500 550,000 44,000 132.000 The following information pertains to January 2022 for each manufacturing department Department D Direct materials used $ 154.000 5 138.600 $ 85,800 Direct labor costs $ 121000 541.250 $132000 $ 108.900 Manufacturing overhead incurred $136.400 586.900 Direct labor hours 8.800 12.100 3,850 Machine hours 37.400 49.500 11440 Your answer is correct. Compute the predetermined overhead rate for each department. (Round per machine hour answer to 2 decimal places, eg. 12.50 and other answers to decimal places, e.g. 25 or 25%) Overhead rate Department 75 % Department $ 13 per direct labor hour Department K 7.50 per machine hour b) Compute the total manufacturing costs assigned to jobs in January in each department Manufacturing Costs Department $ Department $ Department $
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