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In: Accounting

OH Rate: $4.7 per DLH Table 4 gives you the information for the last two months...

OH Rate: $4.7 per DLH

  1. Table 4 gives you the information for the last two months on the overhead cost. Use this information to determine the fixed and variable portions of the cost. (You will need this information to complete Table 5). Machine hours have been determined as the best cost driver for separating mixed cost into their fixed and variable portions. It takes approximately 10 minutes of total machine time for each cereal box (or 1/6 a machine hour per box of cereal).

Table 4 – Actual Overhead cost for the last two months

Month 1

Month 2

Indirect Material

$755

$755

Indirect Labor

5,000

                5,000

Machine Maintenance

338

410

Electricity

504

630

Depreciation

530

                  530

Quality testing

           428

                   500

Machine Hours *

                       1,200

1,500

*10 minutes of machine time per box of cereal (1/6 hour = 1 unit)

    

Complete any calculations here:

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ekkarill92 answered 2 years ago
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