So THIS is what the world's most famous womanizer looks like: Casanova's portrait, by Alessandro Longhi. So THIS is what the world's most famous womanizer looks like: Casanova's portrait, by Alessandro Longhi. Today, Casanova is best known as one of the most famous lovers in history. But the Venetian was more than a womanizer. He was a scam artist and scofflaw, an alchemist, spy and church cleric. He wrote satires, fought duels, and escaped from prison more than once.
Apply overhead by multiplying the overhead allocation rate by the number of direct labor hours needed to make each product. Because Product J requires 120 hours, apply $300 worth of overhead ($120 hours x $2.50) to this product.Product K requires 40 hours, so apply $100 to that product.1  Add a Comment.pply overhead by multiplying the overhead allocation rate by the number of direct labor hours needed to make each product. Because Product J requires 120 hours, apply $300 worth of overhead ($120 hours x $2.50) to this product. Product K requires 40 hours, so apply $100 to that product. 1  Add a Comment.
Predetermined overhead rate is estimated overhead divided by estimated activity. The example states that estimated activity is 200,000 direct labor hours. $1,250,000 / 200,000 direct labor hours = $6.25 per direct labor hour (donât forget to label your numbers) Applying the predetermined overhead rate to jobs. Alright, so we have a rate. Now what? We must apply the rate to our jobs. The rate from our example above is $6.25 per direct labor hour. How do we apply this to our jobs? Based on the direct labor hours worked on the job. For each direct labor hour worked, we will add $6.25 of overhead to the job. Applied overhead is overhead added to a job by taking the predetermined overhead rate multiplied by the actual activity. Applied overhead is added to direct materials and direct labor to calculate total job cost. Total Job Cost = Direct Materials + Direct Labor + Applied Overhead. Every time a job is completed, overhead is applied to the job. The total cost of all the jobs completed over the course of the year is cost of goods sold. Example #2