A company estimated 129,830 direct labor hours and $756,126 in overhead. The actual overhead was $747,083, and there were 170,422 direct labor hours. What is the total applied overhead? Round to the nearest penny, two decimal places.
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- A company estimated 50,000 direct labor hours and $450,000 in overhead. The actual overhead was $445,000, and there were 50,500 direct labor hours. What is the predetermined overhead rate, and how much was applied during the year?The actual overhead for a company is $74,539. Overhead was based on 6,000 direct labor hours and was $2,539 under applied for the year. What is the overhead application rate per direct labor hour? What is the journal entry to dispose of the under applied overhead?The actual overhead for a company is $73,175. Overhead was based on 4,500 machine hours and was $3,325 over applied for the year. What is the overhead application rate per direct labor hour? What is the journal entry to dispose of the under applied overhead?
- If a company bases its predetermined overhead rate on 100,000 machine hours, and It actually has 100,000 machine hours, would there be an under applied or over applied overhead?A company estimated 106,336 direct labor hours and $837,211 in overhead. The actual overhead was $676,707, and there were 140,243 direct labor hours. What is the total applied overhead? Round to the nearest penny, two decimal places.A company estimated 149,795 direct labor hours and $643,490 in overhead. The actual overhead was $678,580, and there were 169,072 direct labor hours. What is the predetermined overhead rate? Round to the nearest penny, two decimal places.
- a) A company estimated 129,411 direct labor hours and $798,195 in overhead. The actual overhead was $612,116, and there were 195,635 direct labor hours. What is the total applied overhead? Round to the nearest penny, two decimal places. b) A company estimated 111,680 direct labor hours and $810,549 in overhead. The actual overhead was $875,663, and there were 108,349 direct labor hours. How much is overhead under- or over- applied? Round to the nearest penny, two decimal places. Enter an overapplied overhead as a negative amount. For example, if it is overapplied by 500.00, the input would be -500.00 do not use parenthesisA company estimated 120,000 direct labor hours and $1,200,000 in overhead. The actual overhead was $1,205,400, and there were 119,700 direct labor hours. What is the predetermined overhead rate, and how much was applied during the year? Predetermined overhead rate $ per direct labor hour Overhead appliedA company estimated 80,000 direct labor hours and $640,000 in overhead. The actual overhead was $645,100, and there were 79,800 direct labor hours. What is the predetermined overhead rate, and how much was applied during the year? Predetermined overhead rate $fill in the blank 1 Overhead applied per direct labor hour
- Marquis Company estimates that annual manufacturing overhead costs will be $894,600. Estimated annual operating activity bases are direct labor cost $497,000, direct labor hours 49,700, and machine hours 99,400.Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost enter percentages rounded to 2 decimal places % Overhead rate per direct labor hour $enter a dollar amount rounded to 2 decimal places Overhead rate per machine hourSteeler Towel Company estimates its overhead to be $522,000. It expects to have 174,000 direct labor hours costing $5,220,000 in labor and utilizing 14,500 machine hours. Calculate the predetermined overhead rate using: Round your answers to two decimal places. A. Direct labor hours $ per direct labor hour B. Direct labor dollars $ per direct labor dollar C. Machine hours per machine hourMarquis Company estimates that annual manufacturing overhead costs will be $920,000. Estimated annual operating activity bases are direct labor cost $487,000, direct labor hours 44,000, and machine hours 101,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.) Dverhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour