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The following information was reported by Bard Company relating to its first year of operations. Note that Bard has only identified direct labor and direct materials as direct costs.

Item	Expected Cost	Actual Cost
Advertising Expenditures	$156,400	$154,500
Depreciation on Factory Equipment	$544,100	$526,600
Direct Labor	$846,000	$993,000
Direct Materials	$1,213,000	$1,259,000
Factory Supplies	$97,400	$108,600
Head Office General Expenditures	$356,400	$392,100
Head Office Salaries	$326,500	$345,600
Heating in Factory	$120,800	$117,900
Income Taxes	$2,135,000	$2,799,000
Machine Repair and Maintenance	$109,200	$102,200
Production Supervisor Wages	$115,300	$127,300
Rent for Factory	$991,700	$919,300
Office Supplies	$111,000	$119,900
Sales Expenditures	$463,800	$488,500
Total	$7,586,600	$8,453,500

Bard Company allocates manufacturing overhead using a predetermined overhead rate. Bard uses direct labor hours as an allocation base and expects to incur 38,900 direct labor hours.
a) What is the total estimated manufacturing overhead cost?

Do not enter dollar signs or commas in the input boxes.

Item	Overhead Cost?
Advertising Expenditures	AnswerNoYes
Depreciation on Factory Equipment	AnswerNoYes
Direct Labor	AnswerNoYes
Direct Materials	AnswerNoYes
Factory Supplies	AnswerNoYes
Head Office General Expenditures	AnswerNoYes
Head Office Salaries	AnswerNoYes
Heating in Factory	AnswerNoYes
Income Taxes	AnswerNoYes
Machine Repair and Maintenance	AnswerNoYes
Production Supervisor Wages	AnswerNoYes
Rent for Factory	AnswerNoYes
Office Supplies	AnswerNoYes
Sales Expenditures	AnswerNoYes

Estimated Manufacturing Overhead Costs: Answer

b) What is the predetermined overhead rate?

Round your answer to 2 decimal places.

Predetermined overhead rate: Answer

c) If the hourly rate for direct labor is $25, what is the manufacturing overhead applied to production?
Round your answer to the nearest whole number.

Applied Overhead: Answer

d) What is the over or under-allocated manufacturing overhead for this year? Assume the wage rate is still $25/hr.
AnswerOver-allocatedUnder-allocated: Answer

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