Calculating and Using a Single Charging Rate The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include: Fixed costs (salaries, tools): $56,940 per year Variable costs (supplies): $1.40 per maintenance hour Estimated usage by: Assembly Department Fabricating Department Packaging Department Total maintenance hours Actual usage by: Assembly Department Fabricating Department Packaging Department Total maintenance hours 4,800 6,300 10,800 21,900 3,425 6,400 10,000 19,825 Required: 1. Calculate a single charging rate for the Maintenance Department. Round your answer to the nearest cent. $ per maintenance hour Total amount charged 2. Use this rate to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year. $ 3. What if the Assembly Department used 4,000 maintenance hours in the year? How much would have been charged out to the three departments? When required, round your answers to the nearest dollar. Assembly Department charge Fabricating Department charge Packaging Department charge

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.