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EX 3-35,3-36 (Algo) Predetermined Overhead Rate; Various Cost Drivers (LO 3-4) [The following information applies to the questions displayed below.] The following data pertain to the Oneida Restaurant Supply Company for the year just ended. Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours Actual direct-labor hours Actual direct-labor rate EX 3-35 (Algo) Part 1 Compute the firm's predetermined overhead rate... Cost Drivers Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (a) machine hours, (b) direct-labor hours, and (c) direct-labor dollars. Note: Round your answers to 2 decimal places. (a) Machine hours (b) Direct-labor hours (c) Direct-labor dollars $ 205,000 336,000 10,000 20,000 $ 13 $ 364,000 Overhead Rate 11,000 18,000 $ 16 per machine hour per direct-labor hour per direct-labor dollar

EX 3-35,3-36 (Algo) Predetermined Overhead Rate; Varlous Cost Drivers (LO 3-4) The following infocmation appiles to the questions dispiayed below] The foliowing data pertain to the Oneida Restaurant Supply Compary for the year just ended. EX 3-35 (Algo) Part 1 Compute the firm's predetermined overhead rate... Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (o) machine hours, (t) ditrect thbor hours, and ( d clirect-labor dollars Note: Round your answers to 2 decimal places. EX 3-35 (Algo) Part 2 Calculate the overapplied or underapplied overhead... 2. Calculate the overapplied or underapplied overhead for the year using each of the following cost drivers. Note: Round intermediate calculation to 2 decimal places

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