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Would someone mind checking my answers and helping with part C? Thank you! Linus Company uses normal costing. Linus applies overhead based on direct labor
Would someone mind checking my answers and helping with part C? Thank you!
Linus Company uses normal costing. Linus applies overhead based on direct labor hours. The following data are provided: Budgeted Actual Overhead $420,000 $411,600 Machine hours 20,000 hrs. 19,000 hrs. Direct labor hours 16,000 hrs. 16,940 hrs. Direct materials cost $518,000 Direct labor cost $395,000 Units produced 10,000 units A. Calculate the predetermined overhead rate. Round your answer to the nearest cent. 26.25 per direct labor hour SI B. Calculate applied overhead. 444,675 C. Calculate the unit cost. Round your answer to the nearest cent. per unitStep by Step Solution
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