Henkes Corporation bases its predetermined overhead rate on the estimated labourhours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labourhours for the upcoming year at labourhours. The estimated variable manufacturing overhead was $ per labourhour and the estimated total fixed manufacturing overhead was $ The actual labourhours for the year turned out to be labourhours.

Required:

Compute the company\'s predetermined overhead rate for the recently completed year. Round your answer to decimal places.

Meenach Corporation uses a joborder costing system with a single plantwide predetermined overhead rate based on direct labourhours. The company based its predetermined overhead rate for the current year on direct labourhours, total fixed manufacturing overhead cost of $ and a variable manufacturing overhead rate of $ per direct labourhour. Recently Job X was completed and required direct labourhours.

Required:

Calculate the amount of overhead applied to Job XDo not round intermediate calculations.

Answer rating: 100% (QA)

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