Question: Convert Departmental Data to Plantwide Data, Plantwide Overhead Rate, Apply Overhead to Production Refer to the information in Cornerstone for data. Now, assume that Hallett has decided to use a plantwide overhead rate based on direct labor hours.
Required: 1. Calculate the predetermined plantwide overhead rate.
2. Calculate the overhead applied to production for the month of June.
3. Calculate the overhead variance for the month of June.