Swift Decorating uses a job order cost system to collect the costs of


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Swift Decorating uses a job order cost system to collect the costs of its interior decorating business Each clients consultation is treated as a separate job Overhead is applied to each job based on the number of decorator hours incurred

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Swift Decorating uses a job order cost system to collect the costs

of its interior decorating business Each clients consultation is treated as a separate job Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year.
 
Estimated overhead (CIM estimados)     $860,000 
Actual overhead    (CIM reales)        $879,000 
Estimated decorator hours (horas estimadas) 50,000 
Actual decorator hours (horas reales)        52,000


1. Calculate the default indirect cost rate (use points to indicate decimal points). $  per hour

2. Calculate the indirect costs assigned (applied) (use points to indicate decimal points and commas to separate thousands).   $ 3. Indicate whether indirect costs were under-allocated or over-allocated. (You are writing SUB or ENVELOPE, in capital letters).

4. Indicate how much indirect costs were under-allocated or over-allocated. . (use points to indicate decimal points).

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