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The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Normal production level in units Standard labour hours per unit $41,360 $23,760 17,600 (a) 4,400 4 During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Activa Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg 0015 15.25)

The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company: Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Normal production level in units Standard labour hours per unit $41,360 $23,760 17,600 (a) 4,400 4 During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Activa Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg 0015 15.25)

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...
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(a) The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company. Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Normal production level in units Standard labour hours per unit (a) During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Variable manufacturing overhead $ Activi Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg t5 15.25) Fixed manufacturing overhead $41,360 $23,760 17,600 Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answ 15.25.) Total manufacturing overhead 4,400 $ 4 $ Rate to 2 decimal ces, eg.
Transcribed Image Text:(a) The following information was taken from the annual manufacturing overhead cost budget of Shamrock Company. Variable manufacturing overhead costs Fixed manufacturing overhead costs Normal production level in labour hours Normal production level in units Standard labour hours per unit (a) During the year, 4,100 units were produced, 16,700 hours were worked, and the actual manufacturing overhead was $62,980. Actual fixed manufacturing overhead costs equalled the budgeted fixed manufacturing overhead costs. Overhead is applied based on direct labour hours. Variable manufacturing overhead $ Activi Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answers to 2 decimal places, eg t5 15.25) Fixed manufacturing overhead $41,360 $23,760 17,600 Calculate the total, fixed, and variable predetermined manufacturing overhead rates. (Round answ 15.25.) Total manufacturing overhead 4,400 $ 4 $ Rate to 2 decimal ces, eg.
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