Tarnish Industries produces miniature models ot tarm equipment. These collectibl

Question

Tarnish Industries produces miniature models ot tarm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete the miniatures. Next year's expected activities are shown in the following table: Tarnish Industries uses departmental overhead rates and is planning on a $2 per direct labor hour overhead rate for the molding department. Compute the estimated manufacturing overhead cost for the molding department given the information shown in the table. $225,000 $96,000 $150,000 $321,000 $471,000 K Company estimates that overhead costs for the next year will be $2,900,000 for indirect labor and $800,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. If 80,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate? $.02 per direct labor hour. $46.25 per direct labor hour. $36.25 per direct labor hour. $10 per direct labor hour. $.10 per direct labor hour. West Company estimates that overhead costs for the next year will be $5,240,000 for indirect labor and $550,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 150,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? $,0259 per machine hour. $34.93 per machine hour. $38.60 per machine hour. $3.67 per machine hour. $.2727 per machine hour.

Explanation / Answer

Answer:13 $150000

=75000DLH*$2 per DLH=$150000

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