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The information shown below was taken from the annual manufacturing overhead cost budget of Sheridan Company Variable manufacturing overhead costs $39,501 Fixed manufacturing overhead
The information shown below was taken from the annual manufacturing overhead cost budget of Sheridan Company Variable manufacturing overhead costs $39,501 Fixed manufacturing overhead costs $22.572 Normal production level in labor hours 18,810 Normal production level in units 4,660 Standard labor hours per unit 4 During the year, 4,600 units were produced. 18,320 hours were worked, and the actual manufacturing overhead was $63.270 Actual foxed manufacturing overhead costs equaled budgeted foxed manufacturing overhead costs. Overhead is applied on the basis of direct labor bours Compute the total, foxed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, a 1.25
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