Question 5

Partially correct

Mark 2.50 out of 3.00

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A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate given the following independent allocation bases?

NOTE: Enter numbers rounded to two decimals (e.g., 107.88 or 80.00).

Independent Allocation Base	Predetermined Overhead Rate
Budgeted direct labor hours: 60,000	$Answer Answer per direct labor hourper direct labor dollarper machine hour
Budgeted direct labor expense: $1,500,000	$Answer Answer per direct labor hourper direct labor dollarper machine hour
Estimated machine hours: 100,000	$Answer Answer per direct labor hourper direct labor dollarper machine hour

Question 6

Incorrect

Mark 0.00 out of 3.00

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Job order cost sheets show the following costs assigned to each job:

The company assigns overhead at $1.25 for each direct labor dollar spent. What is the total cost for each of the jobs?

NOTE: Enter numbers rounded to the nearest whole dollar.

Independent Allocation Base	Job 13	Job 14	Job 15
Direct material	$Answer	$Answer	$Answer
Direct labor	$Answer	$Answer	$Answer
Overhead	$Answer	$Answer	$Answer
TOTAL	$Answer	$Answer	$Answer