Answer:
Instructions are listed below.
Explanation:
To calculate the estimated overhead rate for each activity cost pool, we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Labor-related= 52,000/8,000= $6.5 per direct labor hour
Machine-related= 15,000/20,000= $0.75 machine-hour
Machine setups= 42,000/1,000= $42 per setup
Production orders= 18,000/500= $36 per order
Product testing= 48,000/2,000= $24 per test
Packaging= 75,000/5,000= $15 per package
General factory= 108,800/8,000= $13.6 per direct labor-hour