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Safari File Edit View History Bookmarks Window Help 71% Sat Apr 23 10:09:00 AM Benjamin McElwain a E edugen.wileyplus.com Wiley PLUS Chegg g q Return to Blackboard Wiley PLUS Managerial Accounting 2e, Wiley PLUS Custom Course for University of California Riverside Help I System Announcements PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Exercise 4-18 (Part Level Submission) HW4 Sinclair Company manufactures a line of lightweight running shoes. CEO Andrew Sinclair estimated that the company would incur 216,130 in manufacturing 4-12 (Part overhead during the coming year. Sinclair Company uses direct labor hours as its manufacturing overhead application base, predetermined overhead rate is $18.91/DLH and when it uses machine hours as its manufacturing overhead application base, predetermined overhead rate is $7.97/MH. Additionally, he estimated 4-18 (Par the company would operate at a level requiring 222,958 direct labor hours and 529,000 machine hours. At the end of the year, Sinclair Company had worked 204,000 direct labor hours, used 348,000 machine hours, and incurred $2,534,000 in manufacturing overhead. 02 (Part Level Submission) (a) Review Score f Sinclair Company used direct labor hours as its manufacturing overhead application base, how much overhead was applied to jobs during the yea Review Results by Study Objective Overhead applied By accessing this Question Assistance, y will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER (b The parts of this question must be completed in order. This part will be available when you complete the part above (c) The parts of this question must be completed in order. This part will be available when you complete the part above (d

Explanation / Answer

Answer:

Overhead Applied is the amount of overhead calculated on the basis of actual direct labour hours worked by the company but at standard or predermined overhead rate.

Overhead Applied = Actual work direct labor hour worked x Pre determined overhead rate based on direct labor hour

= 204,000 x $18.91 / DLH

= $3,857,640

The overhead applied to the job for the year is $3,857,640

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