Calculate the predetermined overhead rate

Reference no: EM13320495

Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year, overhead is estimated at $1,150,000, and direct labor hours are budgeted at 162,000 hours. Actual overhead was $1,100,000 and actual overhead hours worked were 150,000.
(a) Calculate the predetermined overhead rate.
(b) Calculate the overhead applied.
(c) Determine the amount of overhead that is over- or underapplied.

Reference no: EM13320495

Questions Cloud

Determine the quanity of air to be supplied : a room having a total heat gain of 35,000 btuh is to be maintained at 80 DB and 62 WB. the air is supplied to the room at 60 DB and 55 WB. find the quanity of air to be supplied.

A department has no beginning work in process : A department has no beginning work in process, has started 80,000 units and completed 50,000 units. Its ending work in process is 30,000 units, 60% complete as to conversion costs and fully complete as to materials.

Estimate the mass of the ion : In a mass spectrometer, a singly, negative charged ion having a particular velocity selected by using a magnetic field of .10 T perpendicular to an electric field of 1000 V/m. What is the mass of the ion

Find the cooling load for a room supplied with cfm : Find the cooling load (in tons of refrigeration) for a room supplied with 10,000 CFM of 95 DB outside air with ratio of 105 gr/lb. The room is to be maintained at 78 DB and humidity ratio of 71.5 gr/lb.

Calculate the predetermined overhead rate : Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year, overhead is estimated at $1,150,000, and direct labor hours are budgeted at 162,000 hours.

Identify the significant developments : Identify the significant developments that are occurring related to global integration and what implications does this have for the technology that an organisations might use in its supply network?

Journalize the entries to record : Journalize the entries to record the following selected bond investment transactions for Olson Products: a. Purchased for cash $72,000 of Hart Industries 8% bonds at 100 plus accrued interest of $960.

Determine the required diameter of the rod : A 4-m-long steel rod must not stretch more than 3 mm and the normal stress must not exceed 150 MPa when the rod is subjected to a 10- KN axial load.

Determine the corresponding normal stress in the wire : An 18-m-long steel wire of 5-mm diameter is to be used in the manufacture of a pretested concrete beam.It is observed that the wire stretches 45 mm when a tensile force P is applied.

User Account

All Pages