Homework Answers
Add Answer to:
1. What is the company's predetermined overhead rate if the company anticipates 125,000 direct labor hours,...
2, A company recently completed job #583. The company incurred direct materials of S40,610 and direct...
2, A company recently completed job #583. The company incurred direct materials of S40,610 and direct labor hours of 1,147. The direct labor wage rate was S11 per direct labor hour. The company completed 3,100 units for job #583. The company applies manufacturing overhead on the basis ofdirect labor-hours. The predetermined overhead rate is $20 per direct labor-hour. What was the unit product cost for job #5837
1) 2) 3) Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its...
1)
2)
3)
Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to Job A-500: Direct materials Direct labor $ 220 $ 120 Required: 1. What is the total manufacturing cost assigned to Job A 500? 2. If Job A 500 consists of 80 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.) 1. Total manufacturing...
Henkes Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year....
Henkes Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 75,000 labor hours. The estimated variable manufacturing overhead was $10.70 per labor-hour and the estimated total fixed manufacturing overhead was $1.237.500. The actual labor-hours for the year turned out to be 78,100 labor hours. Required: Compute the company's predetermined overhead rate for the recently completed...
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At...
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $94,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $123,900 and its actual total direct labor was 21,000 hours. Required:...
1) Parsons Co. uses a predetermined overhead rate based on direct labor hours to apply MOH to...
1) Parsons Co. uses a predetermined overhead rate based on direct labor hours to apply MOH to jobs. Last year, Parsons incurred $250,000 in actual manufacturing overhead cost. The MOH account showed that overhead was over applied in the amount of $12,000 for the year. If the predetermined overhead rate was $8.00 per direct labor hour, how many hours were worked during the year? 31,250 hours c. 32,750 hours 30,250 hours d. 29,750 hours 2) Snappy Company has a job-order cost system and uses...
MNO Corporation as a job-order costing system with a predetermined overhead tate based on direct labor...
MNO Corporation as a job-order costing system with a predetermined overhead tate based on direct labor hours. The company bones predetermined overed rate for the current year on the following data 50,000 $285,000 Total estimated direct labor-hours Total estimated fixed manufacturing overhead cost Estimated variable manufacturing overhead per direct labor hour 3.10 $ Recently, Job P123 was completed with the following characteristics Total actual direct labor-hours Direct materials Direct labor cost 20 $710 $500 The amount of overhead applied to...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost 2 ? $1,533,500 Job Omega Direct materials Direct...
1. Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours....
1. Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 30,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $519,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris’s actual manufacturing overhead cost for the year was $669,475 and its actual total direct labor was 30,500 hours....
me end of March. The company uses a plantwide predetermined overhead rate based on direct labor-hours....
me end of March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The Following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor-hours to be worked Total actual manufacturing overhead costs incurred $ 15,600 $ 1.80 3,900 $ 22,100 Direct materials Direct labor...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 65,100 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: ? Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? $ 1,632,000 Job Omega Direct materials...
2, A company recently completed job #583. The company incurred direct materials of S40,610 and direct labor hours of 1,147. The direct labor wage rate was S11 per direct labor hour. The company completed 3,100 units for job #583. The company applies manufacturing overhead on the basis ofdirect labor-hours. The predetermined overhead rate is $20 per direct labor-hour. What was the unit product cost for job #5837
1)
2)
3)
Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to Job A-500: Direct materials Direct labor $ 220 $ 120 Required: 1. What is the total manufacturing cost assigned to Job A 500? 2. If Job A 500 consists of 80 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.) 1. Total manufacturing...
Henkes Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 75,000 labor hours. The estimated variable manufacturing overhead was $10.70 per labor-hour and the estimated total fixed manufacturing overhead was $1.237.500. The actual labor-hours for the year turned out to be 78,100 labor hours. Required: Compute the company's predetermined overhead rate for the recently completed...
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $94,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $123,900 and its actual total direct labor was 21,000 hours. Required:...
MNO Corporation as a job-order costing system with a predetermined overhead tate based on direct labor hours. The company bones predetermined overed rate for the current year on the following data 50,000 $285,000 Total estimated direct labor-hours Total estimated fixed manufacturing overhead cost Estimated variable manufacturing overhead per direct labor hour 3.10 $ Recently, Job P123 was completed with the following characteristics Total actual direct labor-hours Direct materials Direct labor cost 20 $710 $500 The amount of overhead applied to...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost 2 ? $1,533,500 Job Omega Direct materials Direct...
me end of March. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The Following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor-hours to be worked Total actual manufacturing overhead costs incurred $ 15,600 $ 1.80 3,900 $ 22,100 Direct materials Direct labor...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 65,100 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: ? Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? $ 1,632,000 Job Omega Direct materials...
Most questions answered within 3 hours.
-
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 53 minutes ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 1 hour ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 1 hour ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 1 hour ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 1 hour ago -
Why are polymers not typically casted into products?
asked 1 hour ago -
When rolling a die 129 times, what is the probability of rolling
a 6 no more...
asked 1 hour ago -
4. A call option currently sells for $7.75. It has a strike
price of $85 and...
asked 1 hour ago -
1.
You need to prepare 10.0 liters of an acid aqueous solution with a
pH of...
asked 1 hour ago -
Along an aggregate supply curve, if the level of output is less
than the natural level...
asked 1 hour ago -
By 2025, annual consumption in emerging markets will total $30
trillion and contribute more than ________...
asked 1 hour ago -
At what point does reformation cease to be a viable option for
those who are oppressed...
asked 1 hour ago