Solution-Demonstrate what is the predetermined overhead rate

Demonstrate what is the predetermined overhead rate

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Reference no: EM132631878

Problem 1: Wolf Co. estimates that its employees will work 400,000 direct labor hours during the coming year. Total overhead costs are estimated to be $9,600,000 and direct labor costs are estimated to be $12,500,000. Direct Labor hours are actually 450,000.

If Wolf Co. allocates overhead based on direct labor HOURS, what is the predetermined overhead rate?

Problem 2: The Mixing Department is the third department in the MZS Inc. factory. During January, there were 4,000 units of beginning inventory in the Mixing Department, and 80,000 units were transferred in from the prior process. There were 8,000 units in ending inventory. The transferred-in cost in the beginning inventory was $170,000 and there was $600,000 in transferred-in cost during the month.

What is the cost per equivalent unit for transferred-in cost?

Reference no: EM132631878

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Demonstrate what is the predetermined overhead rate

Reference no: EM132631878

Reference no: EM132631878

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