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Into 1 | Question 43 (of 50) < velok 10.00 points Actuel machire hours Stundard machine...
10.00 points Actual foed overheed costs Budgeted fixed overheed costs Predetemined overheed rate (52 variable 845...
10.00 points Actual foed overheed costs Budgeted fixed overheed costs Predetemined overheed rate (52 variable 845 910 1020 $ 3,900 $ 4080 $A fxed) What is the production volume variance? O s180 O $440. $390 O s260.
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted...
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted...
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
York Company is a machine shop that estimated overhead will be $33,000, consisting of 3,000 hours...
York Company is a machine shop that estimated overhead will be $33,000, consisting of 3,000 hours of direct labor. The cost to make Job 0325 is $80 in aluminum and two hours of labor at $30 per hour. During the month, York incurs $50 in indirect material cost, $140 In administrative labor, $290 in utilities, and $260 in depreciation expense. A. What is the predetermined overhead rate if direct labor hours are considered the cost driver?! 11.00 per direct labor...
tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted...
tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhend costs Predetermined overhead rate ($2 variable $8 fixed 50 8,750 10 What is the fixed overhead production volume variance? $450 favorable $1.840 unfavorable O $220 favorable O $450 unfavorable O $880 favorable $1,840 favorable. some other amount favorable some other amount unfavorable O $220 unfavorable O $880 unfavorable
D Question 12 4 pts Hayne Corporation bases its predetermined overhead rate on the estimated machine-hours...
D Question 12 4 pts Hayne Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming Data for the most recently completed year appear below: Estimates made at the beginning of the year: Estimated machine hours 19,000 Estimated variable manufacturing overhead $7.89 per machine-hour Estimated total fixed manufacturing overhead $465.880 Actual machine-hours for the year 20.200 The predetermined overhead rate is... O $7.89 O $30.95 $24.52 O $3241
Question 27 A company expected its annual overhead costs to be $745500 and machine hours to...
Question 27 A company expected its annual overhead costs to be $745500 and machine hours to equal 105000 hours. Actual overhead was $740000, and actual machine hours totalled 96000 hours. How much overhead was over or underapplied? O $58400 underapplied O O $63900 underapplied $69000 over-applied O $5920 underapplied
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours....
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per sachine-hour 152,000 9654,000 $ 4.90 37 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials Direct...
< Question 7 (of 7) Seve Ed Submit 10.00 points Kody Corporation uses a job-order costing...
< Question 7 (of 7) Seve Ed Submit 10.00 points Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: 155.000 652.000 Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations, Round your answer to 2 decimal places Predetermined overhead per MH 2. During...
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours....
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 151,000 $653,000 $ 5.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials Direct labor...
10.00 points Actual foed overheed costs Budgeted fixed overheed costs Predetemined overheed rate (52 variable 845 910 1020 $ 3,900 $ 4080 $A fxed) What is the production volume variance? O s180 O $440. $390 O s260.
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual foxed overhead costs Budgeted foed overhead costs Predetermined overhead rate ($i variable - $5 fixed 1075 4.800 What is the fixed overhead spending (budget, variance? $575 $575 $420 O $350
York Company is a machine shop that estimated overhead will be $33,000, consisting of 3,000 hours of direct labor. The cost to make Job 0325 is $80 in aluminum and two hours of labor at $30 per hour. During the month, York incurs $50 in indirect material cost, $140 In administrative labor, $290 in utilities, and $260 in depreciation expense. A. What is the predetermined overhead rate if direct labor hours are considered the cost driver?! 11.00 per direct labor...
tual mochine hours Standard mochine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhend costs Predetermined overhead rate ($2 variable $8 fixed 50 8,750 10 What is the fixed overhead production volume variance? $450 favorable $1.840 unfavorable O $220 favorable O $450 unfavorable O $880 favorable $1,840 favorable. some other amount favorable some other amount unfavorable O $220 unfavorable O $880 unfavorable
D Question 12 4 pts Hayne Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming Data for the most recently completed year appear below: Estimates made at the beginning of the year: Estimated machine hours 19,000 Estimated variable manufacturing overhead $7.89 per machine-hour Estimated total fixed manufacturing overhead $465.880 Actual machine-hours for the year 20.200 The predetermined overhead rate is... O $7.89 O $30.95 $24.52 O $3241
Question 27 A company expected its annual overhead costs to be $745500 and machine hours to equal 105000 hours. Actual overhead was $740000, and actual machine hours totalled 96000 hours. How much overhead was over or underapplied? O $58400 underapplied O O $63900 underapplied $69000 over-applied O $5920 underapplied
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per sachine-hour 152,000 9654,000 $ 4.90 37 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials Direct...
< Question 7 (of 7) Seve Ed Submit 10.00 points Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: 155.000 652.000 Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations, Round your answer to 2 decimal places Predetermined overhead per MH 2. During...
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 151,000 $653,000 $ 5.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials Direct labor...
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