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Pharoah Company has gathered the following information: Variable manufacturing overhead costs $13,770 Fixed manufacturing overhead costs $10,800 Normal production level in labour hours 9,000
Pharoah Company has gathered the following information: Variable manufacturing overhead costs $13,770 Fixed manufacturing overhead costs $10,800 Normal production level in labour hours 9,000 Standard labour hours 9,400 During the year, 3,010 units were produced, 11,000 hours were worked, and the actual manufacturing overhead was $21,900. Actual fixed overhead totalled $10,840. Pharoah 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 Variable predetermined ovehead rate $ $ per DL hour per DL hour Total predetermined ovehead rate $ per DL hour
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