Cost and Management 1

The Cleo Corporation Manufactures Books and has the following budgeted data for the year 2014.

Estimated Overheads Estimated Driver in total in 2014

Design 800 000 160 set ups

Machining 150 000 5 000 machine hours

Supervision 330 000 1100 000 direct labour hours

Required,

a. Calculate the overhead cost applied overhead category.

b. Calculate the overhead applied for the following total for 2014;

Actual Total setups 125

Actual Total machine hours 4700

Actual Direct Labour costs 1 200 000

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