Exercise 3-37 Student Name:
Class:
Budgeted Overhead Rate = Budgeted Overhead/Budgeted Direct Professional Labor
Budgeted Overhead *
Budgeted Direct Professional Labor *
Budgeted Overhead Rate *
Contract to redecorate Mayor’s offices:
Direct Material *
Direct Professional Labor *
Overhead applied *
Total Contract Cost *
Instructor
McGraw-Hill/Irwin
Exercise 3-37 Student Name:
Class:
Budgeted Overhead Rate = Budgeted Overhead/Budgeted Direct Professional Labor
Budgeted Overhead 510,000
Instructor
McGraw-Hill/Irwin