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How to calculate Direct labor overhead rate
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Data available for the year: Budgeted factory overhead $675,000 Actual factory overhead $ 726,000 Budgeted direct-labor costs $ 450,000 Actual diret-labor costs $ 482,000 End of year balances: Materials Inventory $ 120,000
Determine factory overhead application rates-direct labor, direct lobor hrs, mach hrs
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Need to figure factory overhead using direct labor cost method, direct labor hours method, machine hours method. Info: Direct labor cost - $432,000 Direct labor hours - 90,000 Machine hours - 120,000 Manufacturing costs: Direct materials - $180,000 Direct labor - 540,000
Direct Labor & Overhead
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How do I calcualte direct labor? Do I include the Payroll Taxes and Insurances along with the actual payroll cost? View more questions Search
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