Question: Hi i need help with this question please At the beginning of the year, Videosym Company estimated the following: Assembly Department Testing Department Total Overhead
Hi i need help with this question please
At the beginning of the year, Videosym Company estimated the following:
| Assembly Department | Testing Department | Total | |
|---|---|---|---|
| Overhead | $620,000 | $180,000 | $800,000 |
| Direct labour hours | 155,000 | 20,000 | 175,000 |
| Machine hours | 80,000 | 120,000 | 200,000 |
Videosym uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labour hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are as follows:
| Assembly Department | Testing Department | Total | |
|---|---|---|---|
| Overhead | $53,000 | $15,500 | $68,500 |
| Direct labour hours | 13,000 | 1,680 | 14,680 |
| Machine hours | 6,800 | 13,050 | 19,850 |

Question 3 (20 points} ~/ Saved Complete Exercise 5-12. and answer the following questions. Remember to enter numeric amounts without a $ or , {a comma}. If the answer is $20,000.00. then enter the number as 20000. Remember to round to 2 decimal places. For numbers such as 1.456, round up to 1.46 and for numbers such as 1.452. round down to 1.45 Required: 1. The predetermined overhead rate for the assembly department is x per 4/ (direct labour hour, machine hour}. 2. The predetermined overhead rate for the testing department is '37 per {if (direct labour hour, machine hour}. 3. The assemny department applied overhead is ., 4. The testing department's applied overhead is - 5. The assembly department has Q; (overapplied. underapplied} overhead of :5 Q/ 6. The testing department has Q; (overapplied. underapplied} overhead of $ Rf Entend your learning: you should be able to tell me if the (overapplied, underapplied) amount should be added or deducted from cost of goods sold
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