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10014_022410_18

# 10014_022410_18 - Chapter 3 Example(Worksheet POHR for 2009...

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Chapter 3 Example (Worksheet) POHR for 2009 = 9,600/12,000 = 0.80 (est. OH/est. CD) 80¢ for every \$ of DL Materials Applied OH = POHR x DL Beginning = 0.80 x 2,000 + Purchases___ = 0.80 x 3,000 Mat. Available = 0.80 x 5,000 WIP FG FG COGS Job 101 Job 102 Job 103 Total DM 600 200 1,400 2,200 DL 2,000 3,000 5,000 10,000 Applied OH 1,600 2,400 4,000 8,000 Total 42,00 5,600 10,400 30,000 III. Under & Over Applied OH 1. POHR – based on estimated data 2. End of accounting period (mo, yr) Too much OH applied o Overapplied Not enough OH applied o Underapplied 3. Clearing account Keeps track of our actual OH costs for year VS. What we applied on all jobs for year ____________OH_____________ Actual OH Applied OH Total actual Actual total DLH, DLC, or MH OH incurred Cost driver x POHR -____________________________ Underapplied Overapplied (not enough) (too much) Chapter 3 example continued Actual OH Applied ___

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Indirect labor Actual cost driver x POHR (5,300) 10,000 x 0.80 = 8,000 Factory depr. exp. (3,100)______________________________________________ 8,400 8,000 = underapplied by \$400 IV. What do we do with discrepancy? Applied OH vs. Actual OH 2 ways of allocating the under or over applied OH
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10014_022410_18 - Chapter 3 Example(Worksheet POHR for 2009...

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