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Predetermined overhead rate to apply manufacturing overhead

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The Silver Company uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. A and on machine-hours in Dept. B. At the beginning of the year, the company made the following estimates:

 

Direct labor cost............................

$60,000

$40,000

 

Manufacturing overhead...............

$90,000

$45,000

 

Direct labor-hours..........................

6,000

9,000

 

Machine-hours...............................

2,000

15,000

                What predetermined overhead rates would be used in Dept A and Dept B, respectively?show working

Reference no: EM131029671

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