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Alexus [3.1K]
3 years ago
15

Luthan Company uses a plantwide predetermined overhead rate of $23.20 per direct labor-hour. This predetermined rate was based o

n a cost formula that estimated $278,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor-hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,100 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period.
Business
1 answer:
Phantasy [73]3 years ago
6 0

Answer:

Manufacturing overhead cost applied=  $280,720

Explanation:

Giving the following information:

Plantwide predetermined overhead rate of $23.20 per direct labor-hour.

Estimated $278,400 of total manufacturing overhead cost.

Estimated activity level of 12,000 direct labor-hours.

The company incurred actual total manufacturing overhead costs of $269,000 and 12,100 total direct labor-hours during the period.

Manufacturing overhead cost applied= actual direct labor hours* predetermined overhead rate

Manufacturing overhead cost applied= 12100* 23.20= $280,720

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                                            Swift Company

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Particulars                                                   Amount (in $)    Amount (in $)

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