The following information was reported by Bard Company relating to its first year of operations. Note that Bard has only identified direct labor and direct materials as direct costs.

Item Expected Cost Actual Cost

Advertising Expenditures $$156,400$ $$154,500$

Depreciation on Factory Equipment $$544,100$ $$526,600$

Direct Labor $$846,000$ $$993,000$

Direct Materials $$1,213,000$ $$1,259,000$

Factory Supplies $$97,400$ $$108,600$

Head Office General Expenditures $$356,400$ $$392,100$

Head Office Salaries $$326,500$ $$345,600$

Heating in Factory $$120,800$ $$117,900$

Income Taxes $$2,135,000$ $$2,799,000$

Machine Repair and Maintenance $$109,200$ $$102,200$

Production Supervisor Wages $$115,300$ $$127,300$

Rent for Factory $$991,700$ $$919,300$

Office Supplies $$111,000$ $$119,900$

Sales Expenditures $$463,800$ $$488,500$

Total $$7,586,600$ $$8,453,500$

Bard Company allocates manufacturing overhead using a predetermined overhead rate. Bard uses direct labor hours as an allocation base and expects to incur $38,900$ direct labor hours.

a$)$ What is the total estimated manufacturing overhead cost?

Do not enter dollar signs or commas in the input boxes.

Item Overhead Cost?

Advertising Expenditures Answer

Depreciation on Factory Equipment Answer

Direct Labor Answer

Direct Materials Answer

Factory Supplies Answer

Head Office General Expenditures Answer

Head Office Salaries Answer

Heating in Factory Answer

Income Taxes Answer

Machine Repair and Maintenance Answer

Production Supervisor Wages Answer

Rent for Factory Answer

Office Supplies Answer

Sales Expenditures Answer

Estimated Manufacturing Overhead Costs: Answer

b$)$ What is the predetermined overhead rate?

Round your answer to $2$ decimal places.

Predetermined overhead rate: Answer

c$)$ If the hourly rate for direct labor is $$25,$ what is the manufacturing overhead applied to production?

Round your answer to the nearest whole number.

Applied Overhead: Answer

d$)$ What is the over or under$-$allocated manufacturing overhead for this year? Assume the wage rate is still $$25/$hr$.$

Answer

: Answer