Question

Bart Corp uses a normal job-order costing system with overhead applied plantwide to products on the...

Bart Corp uses a normal job-order costing system with overhead applied plantwide to products on the basis of direct labor hours. For the upcoming year, Bart Corp estimated total fixed manufacturing overhead cost at $100,000 total estimated manufacturing overhead per unit of $3 per direct labor hour, and total direct labor hours of 50,000.

A.Calculate the Predetermined rate for Bart Corp.

B. Calculate the Estimated Total Manufacturing Overhead for Bart Corp.

Homework Answers

Answer #1

Total fixed manufacturing overhead = $100,000

Estimated manufacturing overhead rate = $3 per direct labor hours

Estimated direct labor hours = 50,000

A.

Predetermined overhead rate = Estimated manufacturing overhead rate

= $3 per direct labor hours

The Predetermined rate for Bart Corp.= $3 per direct labor hours

B.

Estimated total manufacturing overhead = Estimated direct labor hours x Predetermined overhead rate

= 50,000 x 3

= $150,000

The Estimated Total Manufacturing Overhead for Bart Corp = $150,000

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Baxter Corp uses a normal job order costing system with manufacturing overhead applied to products on...
Baxter Corp uses a normal job order costing system with manufacturing overhead applied to products on the basis of direct labor hours. For the upcoming year, Baxter Corp estimated total manufacturing overhead cost at $480,000 and total direct labor hours of 40,000. During the year actual manufacturing overhead incurred was $462,500 and 41,000 direct labor hours were used. a. Calculate the predetermined overhead rate. b. Calculate how much manufacturing overhead will be applied to production. c. Is overhead over- or...
Chloe Corp uses a job order costing system with manufacturing overhead applied to products on the...
Chloe Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours. For the upcoming year, Chloe Corp estimated total manufacturing overhead cost at $784,700 and total direct labor hours of 41,300. During the year actual manufacturing overhead incurred was $749,000 and 40,900 direct labor hours were used. (a) Calculate the predetermined overhead rate. (b) Calculate how much manufacturing overhead will be applied to production. (c) Is overhead over - or...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 64,000 Total fixed manufacturing overhead cost $678,400 Variable manufacturing overhead per direct labor-hour $ 5.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 30 Total direct labor-hours 300 Direct materials $ 1,350 Direct labor cost $ 11,400...
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 58,000 direct labor-hours, total fixed manufacturing overhead cost of $58,000, and a variable manufacturing overhead rate of $2.90 per direct labor-hour. Recently Job X387 was completed and required 220 direct labor-hours. Required: Calculate the amount of overhead applied to Job X387
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 100 Direct materials $ 755 Direct labor cost $...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $13.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 64,200 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials ? Direct labor ? Manufacturing overhead applied ? Total job cost $ 1,620,000 Job Omega Direct...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 100 Direct materials $ 755 Direct labor cost $...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 32,700 Total fixed manufacturing overhead cost $ 294,300 Variable manufacturing overhead per machine-hour $ 2.00 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 20 Direct materials $ 545 Direct labor cost $ 1,090 The amount of...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours      30,500 Total fixed manufacturing overhead cost   $   610,000 Variable manufacturing overhead per machine-hour   $   6.00 Recently, Job T687 was completed with the following characteristics: Number of units in the job      10 Total machine-hours      30 Direct materials   $   690 Direct labor cost   $   1,370...
Maria Company uses a job order costing system with a plantwide overhead rate on machine-hours. At...
Maria Company uses a job order costing system with a plantwide overhead rate on machine-hours. At the beginning of the year, the company made the following estimates: Machine Hours estimated to support estimated production      210,000 Fixed manufacturing overhead cost $3,360,000.00 Variable manufacturing overhead cost per machine-hour $              2.00 During the year, Job P90 was started, completed, and sold to the customer. The following information was available with respect to this job. Direct materials $1,564.00 Direct labor cost $1,122.00 Machine-hours used...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT