Testing Department Assembly Department Total Overhead $338,000 $630,000 $968,000 130,000 45,000 Direct labor hours 40,000 170,000 Machine hours 120,000 165,000 Assembly Department Testing Department $58,000 Total Overhead $87,850 15,150 $29,850 Direct labor hours 11,700 3,450 Machine hours 4,100 10,900 15,000
Testing Department Assembly Department Total Overhead $338,000 $630,000 $968,000 130,000 45,000 Direct labor hours 40,000 170,000 Machine hours 120,000 165,000 Assembly Department Testing Department $58,000 Total Overhead $87,850 15,150 $29,850 Direct labor hours 11,700 3,450 Machine hours 4,100 10,900 15,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 7MC: What is the cost of direct labor f the conversion costs are $330.000 and manufacturing overhead is...
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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.
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
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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