Close Cap 4 Overhead Exercise PDF 1 MB Fecha: Prof Jos A. Valds stema Universitario Ana Mndez iversidad Metropolitana de Costa cinto de Bayamon ercicio CapHoverlead Total obtenide: puntos /100 2. The controller has asked you to examine different distribution methods for applying factory overhead to the various production orders that are processed during a year. The following information was taken from the annual budget: Direct labor cost $525,000 Direct labor hours B4,000 Machine hours 120,000 Manufacturing costs: Direct materials $180,000 Direct labor 540,000 Indirect labor 75,000 Electric power 48,000 Payroll taxes 12,600 Machine maintenance and repair 9,200 Factory supplies 16,000 Factory heat and light 14,000 Depreciation, taxes, and insurance: Factory buildings 135,000 Machinery 20,200 $1.350.000 a. Determine the following factory overhead application rates: Machine hours b. Prepare a schedule showing the prime cost and total cost oforder 2002 with the factory overhead costs applied on each of the three bases; Job Cost Sheet 2002 shows the following: raw materials, SA.200 direct labor, 5,000 hours and $27,500, machine hours, 3,800. Email Save