Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser...
Calculating Departmental Overhead Rates and Applying Overhead to Production
At the beginning of the year, Glaser Company estimated the following:
| Assembly Department |
Testing Department |
Total |
|||||||
| Overhead | $763,000 | $740,110 | $1,503,110 | ||||||
| Direct labor hours | 157,000 | 130,310 | 287,310 | ||||||
| Machine hours | 63,750 | 36,338 | 100,088 | ||||||
Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are as follows:
| Assembly Department |
Testing Department |
Total |
|||||||
| Overhead | $61,040 | $59,209 | $120,249 | ||||||
| Direct labor hours | 12,560 | 10,425 | 22,985 | ||||||
| Machine hours | 5,100 | 2,907 | 8,007 | ||||||
Required:
1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent.
| Assembly department overhead rate | $ per direct labor hour |
| Testing department overhead rate | $ per machine hour |
2. Calculate the overhead applied to production in each department for the month of March. If required, round your answers to nearest whole value.
| Assembly department | $ |
| Testing department | $ |
3. By how much has each department's overhead been overapplied? Underapplied?
| Assembly department | Overapplied | $ |
| Testing department | Overapplied | $ |
Homework Answers
1) Overhead rate :
Assembly department overhead rate = 763000/157000 = 4.86 per labor hour
Testing department overhead rate = 740110/36338 = $20.37 per machine hour
2) Overhead applied
Assembly department = 12560*4.86 = $61042
Testing department = 2907*20.37 = $59215
3) Calculate following
| Assembly department | Over applied | 61042-61040 = $2 |
| Testing department | Over applied | 59215-59209 = $6 |
Add Answer to:
Calculating Departmental Overhead Rates and Applying Overhead to
Production
At the beginning of the year, Glaser...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Department Testing Department Total Overhead $725,000 $761,250 $1,486,250 Direct labor hours 181,500 105,270 286,770 Machine hours 61,000 35,990 96,990 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $729,000 $874,800 $1,603,800 Direct labor hours 117,000 60,840 177,840 Machine hours 50,750 31,973 82,723 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Department Testing Department Total Overhead $473,000 $420,970 $893,970 Direct labor hours 132,500 119,250 251,750 Machine hours 78,000 89,700 167,700 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $673,000 $726,840 $1,399,840 Direct labor hours 130,500 148,770 279,270 Machine hours 101,000 53,530 154,530 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Print itenm Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the...
Print itenm Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following Assembly Departmernt $445,000 73,500 75,000 Testing Total Overhead Direct labor hours Machine hours $970,100 525,100 0,425 2,500 113,925 27,500 Glaser uses departmental overhead rates. In the assembly department, overhead s applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the mosth of March...
om eBook Calculator Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of...
om eBook Calculator Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $424,000 $440,960 $864,960 Direct labor hours 195,000 234,000 429,000 Machine hours 59,250 50,955 110,205 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing departr applied on the basis of machine hours. Actual data for the month of March...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Videosym...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Videosym Company estimated the following: Assembly Testing Department Department Total Overhead $617,000 $697,210 $1,314,210 Direct labour hours 182,000 194,740 376,740 Machine hours 59,750 44,813 104,563 Videosym uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labour hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Videosym Compa...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Videosym Company estimated the following: Assembly Department Testing Department Total Overhead $620,000 $180,000 $800,000 Direct labour hours 155,000 20,000 175,000 Machine hours 80,000 120,000 200,000 Videosym uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labour hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
At the beginning of the year, Glaser Company estimated the following: Testing Assembly Department Department Total...
At the beginning of the year, Glaser Company estimated the following: Testing Assembly Department Department Total Overhead $654,000 $719,400 $1,373,400 Direct labor hours 125,500 143,070 268,570 Machine hours 76.750 49,120 12870 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied a basis of machine hours. Actual data for the month of March are as follows: Testing Assembly Department Department Total Overhead $36,328 Direct...
Print Item Predetermined Departmental Overhead Rates, Applying Overhead to Production At the beginning of the year,...
Print Item Predetermined Departmental Overhead Rates, Applying Overhead to Production At the beginning of the year, Hallett Company estimated the following: Cutting Department Overhead Total $240,000 Sewing Department $350,000 100,000 $590,000 Direct labor hours Machine hours 31,200 131,200 150,000 150,000 Hallett uses departmental overhead rates. In the cutting department, overhead is applied on the basis of machine hours. In the sewing department, overhead is applied on the basis of direct labor hours. Actual data for the month of June are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Department Testing Department Total Overhead $725,000 $761,250 $1,486,250 Direct labor hours 181,500 105,270 286,770 Machine hours 61,000 35,990 96,990 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $729,000 $874,800 $1,603,800 Direct labor hours 117,000 60,840 177,840 Machine hours 50,750 31,973 82,723 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Department Testing Department Total Overhead $473,000 $420,970 $893,970 Direct labor hours 132,500 119,250 251,750 Machine hours 78,000 89,700 167,700 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $673,000 $726,840 $1,399,840 Direct labor hours 130,500 148,770 279,270 Machine hours 101,000 53,530 154,530 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
Print itenm Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following Assembly Departmernt $445,000 73,500 75,000 Testing Total Overhead Direct labor hours Machine hours $970,100 525,100 0,425 2,500 113,925 27,500 Glaser uses departmental overhead rates. In the assembly department, overhead s applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the mosth of March...
om eBook Calculator Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $424,000 $440,960 $864,960 Direct labor hours 195,000 234,000 429,000 Machine hours 59,250 50,955 110,205 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing departr applied on the basis of machine hours. Actual data for the month of March...
Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Videosym Company estimated the following: Assembly Testing Department Department Total Overhead $617,000 $697,210 $1,314,210 Direct labour hours 182,000 194,740 376,740 Machine hours 59,750 44,813 104,563 Videosym uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labour hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are...
At the beginning of the year, Glaser Company estimated the following: Testing Assembly Department Department Total Overhead $654,000 $719,400 $1,373,400 Direct labor hours 125,500 143,070 268,570 Machine hours 76.750 49,120 12870 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied a basis of machine hours. Actual data for the month of March are as follows: Testing Assembly Department Department Total Overhead $36,328 Direct...
Print Item Predetermined Departmental Overhead Rates, Applying Overhead to Production At the beginning of the year, Hallett Company estimated the following: Cutting Department Overhead Total $240,000 Sewing Department $350,000 100,000 $590,000 Direct labor hours Machine hours 31,200 131,200 150,000 150,000 Hallett uses departmental overhead rates. In the cutting department, overhead is applied on the basis of machine hours. In the sewing department, overhead is applied on the basis of direct labor hours. Actual data for the month of June are...
Most questions answered within 3 hours.
-
C - Language
Write a loop that sets each array element to the sum of itself...
asked 2 minutes ago -
(63
#14)
which of the following statments best describes how chamging
the concentration of the substances...
asked 3 hours ago -
In the following reaction, which element is undergoing
oxidation: Na2SO3 + N2O --> N2 + Na2SO4...
asked 4 hours ago -
Which of the following pairs of ions have the same electron
configuration?
I: Br− and Se2−...
asked 6 hours ago -
The Foremost Composite Materials Company is planning a two-day
sales conference for October 19-20. The conference...
asked 7 hours ago -
3) Illustrate the observed pattern of relatedness of organisms
versus adaptations to specific conditions. This means...
asked 7 hours ago -
In winter a lake has a 0.35 m thick ice layer over 1.10 m of
water....
asked 8 hours ago -
Assuming the following has been encrypted with a Vigenere cipher
below, use the method(s) and assumptions...
asked 8 hours ago -
How would I use switch statements to write a program that will
take an input of...
asked 8 hours ago -
Imagine a reaction in which methane gas combusts at a constant
pressure of 1 atm and...
asked 9 hours ago -
Two parallel wires (each 12 m in length) are separated by a
distance of 0.065 m...
asked 8 hours ago -
Suppose there were three masses at the corner of uniform
equilateral triangle. The masses are m1...
asked 9 hours ago