Required information Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours Machine hours Annenbly 13,000 direct labor hours. 5,000 machine hours Department Assembly Finishing Total $ 1,560,000 Allocate overhead to a job that uses 80 direct labor hours in the Assembly department and uses 70 machine hours in the Finishing department. Departmental Overhead Rate Finishing Hours Used $ 1,035,000 19,000 direct labor hours 15,000 machine hours. Overhead Allocated

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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.