At the beginning of the year, Natrina Company estimated the following: Overhead ........$570,000 Direct labor hours .....95,000
Question:
At the beginning of the year, Natrina Company estimated the following:
Overhead ........$570,000
Direct labor hours .....95,000
Natrina uses normal costing and applies overhead on the basis of direct labor hours.
For the month of March, direct labor hours were 7,400.
Required:
1. Calculate the predetermined overhead rate for Natrina.
2. Calculate the overhead applied to production in March.
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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