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Calculate and use overhead gate

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Calculate and Use Overhead gate

During the coming accounting year, Baker Manufacturing, Inc., anticipates the following cost, expenses, and operating data:

Direct material (16,000lb.              $160,000

Direct labor (@$17.50/hr.)             245,000

Indirect material                                    24,000

Indirect labor                              44000

Sales commissions                       68,000

Factory administration                  32,000

Non factory administrative expenses         40,000

Other manufacturing overheads*    96,000

*Provides for operating 61,250 machine hours.

a. Calculate Me predetermined manufacturing overhead rate for the corning year for each of Me following application bases: (1) direct labor hours, (2) direct labor costs, and (3) machine hours.

Round direct labor hours and machine hours answers to two decimal places, when applicable. Round direct labor cos. to the nearest one decimal place percentage, when applicable (example: 76.496).

 

 

Reference no: EM131811423

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