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Ivanshal [37]
3 years ago
6

Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus

ting Cost of Goods Sold for Under- and Overapplied Overhead At the beginning of the year, Han Company estimated the following: Overhead $582,400 Direct labor hours 80,000 Han uses normal costing and applies overhead on the basis of direct labor hours. For the month of January, direct labor hours were 6,950. By the end of the year, Han showed the following actual amounts: Overhead $613,320 Direct labor hours 84,100 Assume that unadjusted Cost of Goods Sold for Han was $927,000. Calculate the predetermined overhead rate for Han. Round your answer to the nearest cent. 7.3 X per direct labor hour.
Business
1 answer:
kozerog [31]3 years ago
5 0

Answer:

$7.3 per direct labor hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= ($582,400) ÷ (80,000 direct labor hours)

= $7.3 per direct labor hour

Basically we divided the total estimated overhead by the estimated direct labor hours so that the predetermined overhead rate could come

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What is ethical behavior?
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3 years ago
or each of the following items, indicate to which major group of the CPI the item belongs: a. Tuition payments to your universit
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Answer:

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3 years ago
Landon is a senior manager for the firm Anderssen Inc. Because of his experience, he has been appointed to the board of EEC Inc.
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8 0
3 years ago
Read 2 more answers
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