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To see favorites here, select then *, and drag to the Favorites Bar fol ACCT 1212 901 16175 SU 2018 Quiz: Q4 This Question: 5 pts The Oswell Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing ov direct labor hours. Read the reguirements Requirement 1. Compute the predelermined overhead allocation rate. Round to two decimal places Begin by selecting the formula to calculate the predetermined averhead (OH) allocation rate. Then enter the amounts to compube the Predetermined OH Estimated overhead costs Estimated qty of the allocation base 634500 270000 2.35 Requirement 2. Determine the amount of averhead allocated in October Begin by selecting the formula to allocate overhead costs. Alocated mfg OH alocation tate Actual qty of the ailocation base used The overhead allocated in Oictober is S 178250 O Type here to search

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Estimated overhead cost          634,500.00 estimated direct labor hours          270,000.00 Predetermined overhead rate = 634,500/270,000                       2.35 Actual Labour hours            75,000.00 Amount of overhead alloacted = 75,000 * 2.35          176,250.00

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