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Question I: Patrick Garcia Pvt. uses an estimated overhead rate for allocating production overhead to...

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Accounting

Question I: Patrick Garcia Pvt. uses an estimated overhead rate for allocating production overhead to
job orders. The rate is on a machine hour basis for the machining department and on a direct labour cost
basis for the finishing department. The entity estimated the following for the current year:
During January, the cost record for job order no.806 shows the following:
Total costs and machine hours were as follows for the current year:
What is the estimated overhead rate that should be used in the:
(i) machining department?
(ii) finishing department?
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