Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Predetermined Departmental Overhead Rates, Apolying Overhead to Production At the beginning of the year, Hallett Company estimated the following Cutting Department Sewing Department Total Overhead
Predetermined Departmental Overhead Rates, Apolying Overhead to Production At the beginning of the year, Hallett Company estimated the following Cutting Department Sewing Department Total Overhead $240,000 $350,000 $590,000 Direct labor hours 31,200 100,100 131,300 Machine hours 150,000 150,000 Hallett uses departmental overhead rates. In the cutting department, overhead is applied on the basis of machine hours. In the sewing department overhead is alled on the bar Cutting Department Sewing Department Total Overhead $20.610 $35,750 $56,350 Direct labor hours 2,800 8,600 11,400 Machine hours 13.640 13,540 Required: 1. Calculate the predetermined overhead rates for the cutting and sewing departments. Round your answers to the nearest cent. Cutting department per machine hour Sewing department per direct labor hour 2. Calculate the overhead applied to production in each department for the month of June. Use overhead application rates that are rounded to the rest in your calculations Cutting department Sewing department 3. By how much has each department's overhead been overapplied or underapplied Cutting department Sewing department ng Sewing Department Total 3150,000 $500,000 100,100 131300 150,000 partment has led to the basis of machine hours in the wing department overhead is goed on the basis of direct labor hours. Actual data for the month of June are follow Sewing Department 535.750 11:400 3.560 20 swing department your own to the percent hathum se ved option rates that rounded to the nearestent in your calculations, and mund your finales to the nearest dollar
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started