Glannitti Corporation bases Its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for th Estimated machine-hours 72,700 Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead $ 3.30 per machine-hour $838,740 The predetermined overhead rate for the recently completed year was closest to:

Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the Corporation worked 59,250 actual direct labor-hours and incurred $482,000 of actual manufacturing overhead cost. The Corporation had estimated that it would work 61,300 direct labor-hours during the year and incur $416,840 of manufacturing overhead cost. The Corporation's manufacturing overhead cost for the year was:

At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: overhead costs, $800,000, and direct materials costs, $500,000. At year-end, the company’s records show that actual overhead costs for the year are $800,200. Actual direct materials cost had been assigned to jobs as follows.          Jobs completed and sold $ 360,000   Jobs in finished goods inventory   77,000   Jobs in work in process inventory   57,000   Total actual direct materials cost $ 494,000     Enter the overhead costs incurred and the amounts applied to jobs during the year using the predetermined overhead rate and determine whether overhead is overapplied or underapplied.

Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $460,100 Direct labor hours 93,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 18,650. Required: 1.  Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent.$ per direct labor hour 2.  Calculate the overhead applied to production in March. Round your intermediate calculations to two decimal places and round your answer to nearest whole value.$

Carla Vista Limited is a company that produces machinery to customer orders, using a normal job-order cost system. It applies manufacturing overhead to production using a predetermined rate. This overhead rate is set at the beginning of each fiscal year by forecasting the year's overhead and relating it to direct labour costs. The budget for 2022 was as follows: Direct labour Manufacturing overhead $1,804,000 902,000 As at the end of the year, two jobs were incomplete. These were 1768B, with total direct labour charges of $113,600, and 1819C, with total direct labour charges of $390,100. Machine hours were 287 hours for 17688 and 647 hours for 1819C. Direct materials issued for 1768B amounted to $220,000, and for 1819C they amounted to $420,500. Total charges to the Manufacturing Overhead Control account for the year were $898,500, and direct labour charges made to all jobs amounted to $1,583,600, representing 247,500 direct labour hours. There were no beginning inventories. In…

Sandler Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:   Estimated machine hours 73,000 Estimated variable manufacturing overhead 3.49 per machine hour Estimated total fixed manufacturinf overhead 838,770   Required: Compute the company's predetermined overhead rate.

Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747,500 of overhead costs and $575,000 of direct labor cost for the period. During March, Shire began and completed Job 56. 1. What is the predetermined overhead rate for this period? 2. Use the information on the following job cost sheet to determine the total cost of Job 56.

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $141,600 and expected direct labor hours of 11,800 for the current fiscal year. If Job 117 incurs 1,560 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a.$18,720 b.$1,560 c.$141,600 d.$70,800

Cavy Company estimates that total factory overhead costs will be $685,938 for the year. Direct labor hours are estimated to be 109,400. a.  Determine the predetermined factory overhead rate. Round your answer to the nearest cent.$fill in the blank 23d34d049fd4031_1 b.  Determine the amount of factory overhead applied to Job 345 if the amount of direct labor hours is 1,200 and Job 777 if the amount of direct labor hours is 3,300. Job 345 $fill in the blank 23d34d049fd4031_2 Job 777 $fill in the blank 23d34d049fd4031_3 c.  Prepare the journal entry to apply factory overhead for April according to the predetermined overhead rate.     fill in the blank 919f7901300ffaf_2         fill in the blank 919f7901300ffaf_4

Collins Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The following information applies to the Collins Corporation for the current year: Direct Labor Hours       Estimated for the Year 24,000     Actual Hours Worked 19,500 Direct Labor Cost       Estimated for the Year 300,000     Actual Cost Incurred 210,000 Manufacturing Overhead       Estimated for the Year 240,000     Actual Cost Incurred 185,000 The manufacturing overhead cost for the current year will be: