Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated...
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Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection _ Cost Driver Orders Setups Machine hours Parts Est. Overhead $ 95000 274500 1437500 1150000 275000 Cost Driver Activity 500 orders 450 setups 125000 MH 1000000 parts 500 inspections Inspections If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is $14. O $12. $32. O $9
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