The Oliver Company manufactures products in two departments: Mbong and Packaging The company was locating manufacturing overhead using a single platwide too of $223wth direct labor hours as the location base The company has refined its allocation system by separating manufacturing overhead costs into two gost pools-one for each department. The mated costs for the Mixing Department 3589,000, will be allocated based on direct labor hours, and the estimated direct labor hours for the year are 150,000. The estimated costs for the Packaging Department 5225 500 will be allowed based on machine hours, and the estimated machine hours for the year e 55,000. In October, the company incurred 91.000 direct obrot hours in the Mixing Department and 12,000 machine hours in the Packaging Department. Read the requirements Requirement 1. Compute the predetermined overhead allocation rates. Round to two decimal places Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the location rate for each department Pendotermined OH location rate Miting Choose from any list or enter any number in the input fields and then continue to the next question SLOW /ed tabor hours in the Moong Departmentan in the Packaging Department, Read the requirements Packaging Requirement 2. Determine the total amount of overhead allocated in October Begin by selecting the formula to allocate overhead costs Allocated mig overhead costs Choose from any list or enter any number in the input fields and then continue to the next question Overhead costs Compute the overhead allocated in October for each department and the total for both departments Mixing Packaging Total The Oliver Company manufactures products in two departments: Mbong and Packaging The company was locating manufacturing overhead using a single platwide too of $223wth direct labor hours as the location base The company has refined its allocation system by separating manufacturing overhead costs into two gost pools-one for each department. The mated costs for the Mixing Department 3589,000, will be allocated based on direct labor hours, and the estimated direct labor hours for the year are 150,000. The estimated costs for the Packaging Department 5225 500 will be allowed based on machine hours, and the estimated machine hours for the year e 55,000. In October, the company incurred 91.000 direct obrot hours in the Mixing Department and 12,000 machine hours in the Packaging Department. Read the requirements Requirement 1. Compute the predetermined overhead allocation rates. Round to two decimal places Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the location rate for each department Pendotermined OH location rate Miting Choose from any list or enter any number in the input fields and then continue to the next question SLOW /ed tabor hours in the Moong Departmentan in the Packaging Department, Read the requirements Packaging Requirement 2. Determine the total amount of overhead allocated in October Begin by selecting the formula to allocate overhead costs Allocated mig overhead costs Choose from any list or enter any number in the input fields and then continue to the next question Overhead costs Compute the overhead allocated in October for each department and the total for both departments Mixing Packaging Total
