Pharoah Company uses a job order cost system in each of its three manufacturing departments....
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Pharoah Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2022 , the following estimates were made for the year. The following information pertains to January 2022 for each manufacturing department. Compute the predetermined overhead rate for each department. (Round per machine hour answers to 2 decimal places, e.g. 12.50 and other answers to 0 decimal places, e.g. 12 or 12% ) Compute the total manufacturing costs assigned to jobs in January in each department. Compute the under- or overapplied overhead for each department at January 31
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Pharoah Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2022 , the following estimates were made for the year. The following information pertains to January 2022 for each manufacturing department. Compute the predetermined overhead rate for each department. (Round per machine hour answers to 2 decimal places, e.g. 12.50 and other answers to 0 decimal places, e.g. 12 or 12% ) Compute the total manufacturing costs assigned to jobs in January in each department. Compute the under- or overapplied overhead for each department at January 31 