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Calculate department overhead rates using direct labor

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Calculating Manufacturing Overhead Rates 

Glassman Company accumulated the following data for 2016:

Milling Department manufacturing overhead

$344,000

Finishing Department manufacturing overhead

$120,000

Machine hours used

Milling Department

10,000

hours

Finishing Department

2,000

hours

Labor hours used

Milling Department

1,000

hours

Finishing Department

1,000

hours

Round answers to two decimal places, if applicable. 

a. Calculate the company-wide manufacturing overhead rate using machine hours as the allocation base.

b. Calculate the company-wide manufacturing overhead rate using direct labor hours as the allocation base.

c. Calculate department overhead rates using machine hours in Milling and direct labor hours in Finishing as the allocation bases.

d. Calculate department overhead rates using direct labor hours in Milling and machine hours in Finishing as the allocation bases.

Reference no: EM131813489

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