Respuesta :
Answer:
Estimated Manufacturing Overhead for 2016 is $145,000
Explanation:
given data
overhead rate = $5.00 per direct labor hour
expected to earn = $8.00 per hour
paying employees = $290,000
direct labor = 80%
to find out
estimated manufacturing overhead
solution
we know here total number of labor hours will be = [tex]\frac{paying employees}{expected earn}[/tex]
total number of labor hours = [tex]\frac{290000}{8}[/tex]
total number of labor hours = 36,250
so
Number of direct labor hour = 80% of 36,250
Number of direct labor hour = 29,000
so
Estimated Manufacturing Overhead for 2016 is = Number of direct labor hour × overhead rate
Estimated Manufacturing Overhead for 2016 is = 29,000 × 5
Estimated Manufacturing Overhead for 2016 is = $145,000
Answer:
$145,000
Explanation:
Amount to be paid to employees [direct + indirect] = $290,000
Rate per hour = $8.00
[tex]Total\ no.\ of\ labor\ hours=\frac{Amount\ paid\ to\ employees}{Rate\ per\ hour}[/tex]
[tex]Total\ no.\ of\ labor\ hours=\frac{290,000}{8.00}[/tex]
= 36,250
% of direct labor hour = 80%
No. of direct labor hour = Total no. of labor hours × % of direct labor hour
= 36,250 × 80%
= 29,000
Predetermined Overhead rate = $5
Estimated Manufacturing Overhead for 2016:
= Predetermined Overhead rate × No. of direct labor hour
= $5 × 29,000
= $145,000
