Question: Hello i need help with problem (b) please and thank you! PROBLEM 2 JOB ORDER Hickman Company applies manufacturing overhead based on direct labor hours.

Hello i need help with problem (b) please and thank you!

PROBLEM 2 JOB ORDER

Hickman Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows:

Actual manufacturing overhead $118,000

Estimated manufacturing overhead $110,000

Direct labor hours incurred 4,800

Direct labor hours estimated 5,000

Instructions

(a) Calculate the predetermined overhead rate.

Estimated manufacturing overhead/direct labor hours

=(110000/5000)

=$22 per direct labor hour

(b) Calculate the amount of applied manufacturing overhead.

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