Use the Dynamic Exhibit to answer the following questions 1. The activity base u

Question

Use the Dynamic Exhibit to answer the following questions 1. The activity base used in this problem is a. units b. hours c. yards d. days 2. When the total factory overhead is $49,000 and the activity base is 9,000, the amount of overhead charged to Job 71 is 3. When the total factory overhead is $50,000 and the activity base is 10,000, the amount of overhead charged to Job 72 is 4. When the total factory overhead is $50,000 and the activity base is 11,000, the amount of overhead charged to Job 72 is $

Explanation / Answer

Answer 2 Predetermined Factory Overhead rate = Total Factory Overheads / Activity base i.e.hours = $49000 / 9000 hours = $5.44 per hour The amount of overhead charged to Job 71 = 350 hours * $5.44 = $1,904 Answer 3 Predetermined Factory Overhead rate = Total Factory Overheads / Activity base i.e.hours = $50000 / 10000 hours = $5 per hour The amount of overhead charged to Job 72 = 500 hours * $5 = $2,500 Answer 4 Predetermined Factory Overhead rate = Total Factory Overheads / Activity base i.e.hours = $50000 / 11000 hours = $4.55 per hour The amount of overhead charged to Job 72 = 500 hours * $4.55 = $2,275

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