What is the formula for calculating the predetermined overhead rate?Question 9Answera.Actual total manufacturing overhead / Estimated direct labor hoursb.Estimated total manufacturing overhead / Estimated direct labor hoursc.Estimated total manufacturing overhead / Actual direct labor hoursd.Actual total manufacturing overhead / Actual direct labor hours

Estimated manufacturing overhead$450,000Estimated direct labor hours150,000Actual manufacturing overhead$405,000Actual direct labor hours180,000 Based on this information, the predetermined overhead rate per direct labor hour is $. (Enter your answer as a whole number.)

Kelsh Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for next year: Direct materials $10,000Direct labour 30,000Sales commissions 40,000Salary of production supervisor 20,000Indirect materials 4,000Advertising expenses 8,000Rent on factory equipment 10,000Kelsh estimates that 5,000 direct labour hours and 10,000 machine hours will be worked during the year. What will be the predetermined overhead rate per hour?

Job #608 used 300 direct labor hours at a rate of $30 per hour. The company applies manufacturing overhead at a rate of 150% of direct labor costs. Calculate the total direct labor cost and the total manufacturing overhead applied to Job #608.Question 15Answera.Direct labour cost: $9,000, Manufacturing overhead: $12,000b.Direct labour cost: $9,000, Manufacturing overhead: $13,500c.Direct labor cost: $10,000, Manufacturing overhead: $13,500d.Direct labor cost: $10,000, Manufacturing overhead: $12,000

At the beginning of the year, Custom Manufacturing set its predetermined overhead rate using the following estimates: overhead costs, $1,240,000, and direct materials costs, $400,000.At year-end, the company reports that actual overhead costs for the year are $1,249,900 and actual direct materials costs for the year are $400,000.Determine the predetermined overhead rate using estimated direct materials costsEnter the actual overhead costs incurred and the amount of overhead cost applied to jobs during the year using the predetermined overhead rate. Determine whether overhead is over- or underapplied (and the amount) for the year.Prepare the entry to close any over- or underapplied overhead to Cost of Goods Sold.

A predetermined overhead rate is used to:Multiple choice question.assign direct costs to units produced.assign indirect costs to units produced.assign selling expenses to units produced.keep track of actual overhead costs.