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Question - Calculating Departmental Overhead Rates and Applying Overhead to Production
At the beginning of the year, Glaser Company estimated the following:
Assembly Department
Testing Department
Total
Overhead
$338,000
$630,000
$968,000
Direct labor hours
130,000
40,000
170,000
Machine hours
45,000
120,000
165,000
Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are as follows:
$29,850
$58,000
$87,850
11,700
3,450
15,150
4,100
10,900
15,000
Required:
1. Calculate the predetermined overhead rates for the assembly and testing departments.
2. Calculate the overhead applied to production in each department for the month of March.
3. By how much has each department's overhead been overapplied? Underapplied?
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