Help Save & Exit Submit Check my work Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $195,000. Estimated direct labor cost was $469,950 for 19,500 hours. Actual costs for the most recent month are summarized here: Total Cost $46,996 Item Description Direct labor (1,950 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory Insurance General and administrative salaries Selling expenses 2,580 3,460 3,33e 4,720 5,740 1.130 1.720 4,270 5,370 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs. 4. Compute over- or underapplied overhead. ences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined Overhead Rate Per DL Hour Required Required 2 > Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $195,000. Estimated direct labor COST was $469.950 for 19,500 hours. Actual costs for the most recent month are summarized here: Total Cost $46,996 Item Description Direct labor (1,950 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory insurance General and administrative salaries Selling expenses 2.589 3,460 3,330 4,720 5,740 1.130 1.720 4,220 5,370 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs. 4. Compute over- or underapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the amount of applied manufacturing overhead. Applied Manufacturing Overhead Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $195,000. Estimated direct labor cost was $469.950 for 19,500 hours. Actual costs for the most recent month are summarized here: Total Cost $46,996 Item Description Direct labor (1.950 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory Insurance General and administrative salaries Selling expenses 2.580 3,460 3,330 4,728 5.740 1.130 1.720 4,270 5,370 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead. 3. Calculate actual manufacturing overhead costs. 4. Compute over- or underapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate actual manufacturing overhead costs. Actual Manufacturing Overhead Costs
