Business, 05.05.2020 07:03, Nelly6978

Zachary, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Equipment depreciation $ 191,100 Supplies 20,000 Materials handling 33,700 Property taxes 14,400 Production setup 19,600 Rent 43,100 Maintenance 38,300 Supervisory salaries 358,000 The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year 3 were 219,000 and for machines were 133,000. Required Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) Determine the amount of manufacturing overhead applied to Work in Process Inventory during the Year 3 period if actual machine hours were 148,000. (Do not round intermediate calculations.)

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Zachary, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Eq...