The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Normal production level in units Standard labour hours per unit $41,360 $23,760 17,600 (a) 4,400 4 During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Activa Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg 0015 15.25)
The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Normal production level in units Standard labour hours per unit $41,360 $23,760 17,600 (a) 4,400 4 During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Activa Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg 0015 15.25)
Chapter1: Financial Statements And Business Decisions
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The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company.
Variable manufacturing overhead costs
Fixed manufacturing overhead costs
Normal production level in labour hours
Normal production level in units
Standard labour hours per unit
(a)
During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual
fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct
labour hours.
Variable manufacturing overhead $
Activi
Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg t5
15.25)
Fixed manufacturing overhead
$41,360
$23,760
17,600
Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answ
15.25.)
Total manufacturing overhead
4,400
$
4
$
Rate
to 2 decimal ces, eg.
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