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Calculate the predetermined overhead rate

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Reference no: EM132642790

Problem - Ben Whitney manufactures holiday decorations. Overhead 15 applied to products on the basic direct labor hours. Last year, total overhead costs were expected to be $85,000. Actual overhead costs totaled $88,750 for 8,400 actual hours. At the end of the year, overhead was underapplied by $4,750.

Required -

A. Calculate the predetermined overhead rate.

B. How much overhead should be applied to a job that was completed in three direct labor hours?

Reference no: EM132642790

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