Question: Refer to the information in Cornerstone Exercise 16-24 for data. Now, assume that Hallett has decided to use a plantwide overhead rate based on direct

Refer to the information in Cornerstone Exercise 16-24 for data. Now, assume that Hallett has decided to use a plantwide overhead rate based on direct labor hours.
At the beginning of the year, Hallett Company estimated the following:

Required:
1. Calculate the predetermined plantwide overhead rate. (Note: Round to the nearest cent.)
2. Calculate the overhead applied to production for the month of June.
3. Calculate the overhead variance for the month of June.

Cutting Department Sewing Department Total Overhead Direct labor hours Machine hours $240,000 31,200 150,000 $350,000 $%590,000 131,200 150,000 100,000

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