2 years ago

Which phrase best completes the diagram?

Business

1 answer:

igomit [66]2 years ago

7 0

Low gross domestic product

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Results are below.

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Giving the following information:

Estimated Value Actual Value

Manufacturing overhead cost $732,000 $842,000

Direct labor hours 14,640 hours 16,600 hours

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 732,000 / 14,640

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Now, we can allocate overhead:

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