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Find predetermined overhead rate for Casting Department

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Question - Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

Casting Customizing

Machine-hours 20,000 13,000

Direct labor-hours 1,000 7,000

Total fixed manufacturing overhead cost $152,000 $68,600

Variable manufacturing overhead per machine-hour $2.10

Variable manufacturing overhead per direct labor-hour $4.30

Find the predetermined overhead rate for the Casting Department?

Reference no: EM132448096

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