Solution-Calculate department overhead rates using direct

Calculate department overhead rates using direct labor

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Reference no: EM131813489

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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Calculate department overhead rates using direct labor

Reference no: EM131813489

Reference no: EM131813489

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