WebPlantwide Overhead Rate = Total Overhead / Direct Labor Hours. It means the total number of direct labor hours is taken as the denominator, which is divided by the numerator as the total overhead cost of the company. When a plantwide factory overhead rate is used the amount of overhead costs allocated to each product is the same? WebManufacturing overhead applied Luthan Company uses a plantwide predetermined overhead rate of $22.80 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $273,600 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours.

Luthan Company uses a plantwide predetermined overhead rate

WebCompute the company's plantwide predetermined overhead rate for the year. $16.58 Explained: $516,000 + (38,000 x $3.00) = $630,000 $630,000 / 38,000 = $16.578 Exercise … WebTotal estimated manufacturing overhead = (140,000 x 2) + (70,000 x 4) + 784,000 = 1,344,000 Predetermined overhead rate = 1,344,000 / 140,000 =... See full answer below. Become a member and... how does a single action revolver function

AHill - HW1 2 - Answers.docx - Adam Hill - Course Hero

http://madrasathletics.org/calculate-the-predetermined-plantwide-overhead-rate-using-direct-labor-hours WebThe plantwide predetermined overhead rate is $ 54.02 X Required information [The following Show transcribed image text Expert Answer 100% (21 ratings) 3b Estimated Expenses this year = (Actual Overhead last year/ Labour hours in Previous Year) x Labour hours in Current year 3-b Indirect material : Molding = (18,000/41,400)* 42,500 = $18,478 … WebData concerning those two jobs follow: Job B Job H Forming machine-hours 6,100 2,900 Assembly machine-hours 400 600 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job B is closest to: how does a single action revolver work