Calculate the predetermined overhead rate


Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $ 1,150,000 and direct labor hours are budgeted at 162,000 hours. Actual overhead was $ 1,100,000 and actual overhead hours worked were 150,000. a) Calculate the predetermined overhead rate b) Calculate the overhead applied c) Determine the amount of overhead that is over/underapplied

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Humanities: Calculate the predetermined overhead rate
Reference No:- TGS0554222

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