Ch2 Practice Not secure erto.mheducation corn hrn.tp ? -o9429943 132397971-15220
ID: 2552712 • Letter: C
Question
Ch2 Practice Not secure erto.mheducation corn hrn.tp ? -o9429943 132397971-152202970184S (The following information applies to the questions displayed below] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. It started only two jobs during March-Job P and Job Q. Job P was completed and sold by the end of the March and Job Q was incomplete at the end of the March. The company uses a plantwide predetermined overheed rate based on direct labor-hours. The following additional information is available for the company as a whole and for Jobs P and Q(all data and questions relate to the month of March) Estimated total fixed manufacturing overhead Estimated variable manufecturing overheed per direct labor-hour Estmated total direct labor-hours to be worked Total actual manufacturing overhead costs incurred $ 14,000 s 1.80 2,800 $ 17.200 Direct materials Direct labor cost Actual direct labor-hours worked Job P Job Q $ 17,700 $ 8,800 $ 36100 8.550 1900 450 value 0.50 points Required: 1 What is the company's predetermined overhead rate? (Round your answer to 2 decimal places.) ined overhead rate per DLH 2 decimal places required Book & ResourcesExplanation / Answer
Pre-determined overhead rate= Total overheads/ no. of direct labor hours+variable manfufacturing overhead per direct labor hour
=14000/2800+1.8 =$6.80 per direct labor hour