Homework Answers
Correct answer will be $381300
Detail working for your refrence
| Predetermined Overhead = Estimated Overhead/ Estimated Direct Labour Cost |
| =426400/520000= 82% |
| Applied Manufacturing Overhead= Actual Direct Labour Cost X Predetrmined Overhead Rate |
| 465000X 82%= $381300 |
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This Question: 1 pt 4 of 15 (14 complete) This Test: 15 pts poss Nadal Company...
Nadal Company is debating the use of direct labor cost or direct labor hours as the...
Nadal Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: Actual direct labor hours Estimated direct labor hours Actual manufacturing overhead costs Estimated manufacturing overhead costs Actual direct labor cost Estimated direct labor cost 232,500 250,300 $363,500 $401,900 $465,800 $500,700 If Nadal Company uses direct labor cost as the allocation base, what would the predetermined manufacturing overhead...
for the most recent year No Company is debating the use of direct labor cost or...
for the most recent year No Company is debating the use of direct labor cost or director hours as the cost otion base for locating manufacturing overhead. The flowing formation is Actual direct labor hours 20.800 Estimated director hours Actual manufacturing overhead costs Estimated manuachung vorhead costs Acharact aborc $405.700 Estimated direct labor cost Il Nadal Company es direct labor cost as the location base what would the predetermined anduring w a t be? O A 519 OB. 74% OC....
Quiz: Ch17-Quiz Submit Quiz This Question: 1 pt 7 of 20 This Quiz: 20 pts possible...
Quiz: Ch17-Quiz Submit Quiz This Question: 1 pt 7 of 20 This Quiz: 20 pts possible Q - dot Manufacturing uses a predetermined overhead allocation rate based on direct labor hours. It has provided the following information for the year: Manufacturing overhead costs allocated to production Actual direct materials cost Actual direct labor cost Actual direct labor hours Estimated machine hours 190,000 $560,000 $2,480,000 9,440 direct labor hours 170,000 machine hours Based on the above information, calculate Q-dot's predetermined overhead...
Question number 1: Davy Company had a beginning work in process inventory balance of $32,000. During...
Question number 1: Davy Company had a beginning work in process inventory balance of $32,000. During the year, $54,500 of direct materials was placed into production. Direct labor was $63,400, and indirect labor was $19,500. Manufacturing overhead is applied at 125% of direct labor costs. Actual manufacturing overhead was $86,500, and jobs costing $225,000 were completed during the year. What is the ending work in process inventory balance? a. $172,000 b. $ 11,400 c. $ 4,150 d. $ 79,250 Question...
This Question: 4 pts 1 of 21 (0 complete) This Test: 100 pts possi... Question Help...
This Question: 4 pts 1 of 21 (0 complete) This Test: 100 pts possi... Question Help Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $59 per machine hour, while the finishing department uses a departmental overhead rate of $25 per direct labor hour. Job A216 used the following direct labor hours and machine...
Here are selected basic data for Wilson Company: Estimated manufacturing overhead Estimated labor hours Actual direct...
Here are selected basic data for Wilson Company: Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $243,750 35,000 36,000 $325,000 $320,000 $66,300 Factory utilities Indirect labor Sales commissions Factory rent Factory property taxes Indirect materials $30,400 $22,800 $54,300 $47,800 $29,100 $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? O A. $284,000 OB. $261,200 OC. $173,600 OD. $229,700...
This Question: 1 pt 15 of 4 OP Technologies Manufacturing manufactures small parts and uses an...
This Question: 1 pt 15 of 4 OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. (Click the icon to view the data.) The following parts were produced in October with the following information: E! (Click the icon to view the data.) Total manufacturing overhead costs for part A is O A $10,050 OB. $7,350 O c. $7,700 OD. $5,000 This Test costing i Data Table Activity Est. Indirect Activity Costs Allocation base Cost allocation rate Materials...
Quick Step Company is debating the use of direct labor cost or direct labor hours as...
Quick Step Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: Estimated direct labor cost Actual direct labor cost Estimated manufacturing overhead costs Actual manufacturing overhead costs Estimated direct labor hours Actual direct labor hours $500,100 $465,100 $425,300 $350,700 250,200 232,800 If Quick Step Company uses direct labor hours as the allocation base, what would the predetermined...
Neptune Fabrication Plant has provided you with the following information: Total manufacturing overhead costs estimated at...
Neptune Fabrication Plant has provided you with the following information: Total manufacturing overhead costs estimated at the beginning of the year $252,000 Total direct labor costs estimated at the beginning of the year $129,000 Total direct labor hours estimated at the beginning of the year 5,250 direct labor hours Actual manufacturing overhead costs for the year $242,000 Actual direct labor costs for the year $134,000 Actual direct labor hours for the year 4,800 direct labor hours The company bases its...
This Question: 1 pt 3 of 20 2 completel Here is some besic data for Deita...
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Nadal Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: Actual direct labor hours Estimated direct labor hours Actual manufacturing overhead costs Estimated manufacturing overhead costs Actual direct labor cost Estimated direct labor cost 232,500 250,300 $363,500 $401,900 $465,800 $500,700 If Nadal Company uses direct labor cost as the allocation base, what would the predetermined manufacturing overhead...
for the most recent year No Company is debating the use of direct labor cost or director hours as the cost otion base for locating manufacturing overhead. The flowing formation is Actual direct labor hours 20.800 Estimated director hours Actual manufacturing overhead costs Estimated manuachung vorhead costs Acharact aborc $405.700 Estimated direct labor cost Il Nadal Company es direct labor cost as the location base what would the predetermined anduring w a t be? O A 519 OB. 74% OC....
Quiz: Ch17-Quiz Submit Quiz This Question: 1 pt 7 of 20 This Quiz: 20 pts possible Q - dot Manufacturing uses a predetermined overhead allocation rate based on direct labor hours. It has provided the following information for the year: Manufacturing overhead costs allocated to production Actual direct materials cost Actual direct labor cost Actual direct labor hours Estimated machine hours 190,000 $560,000 $2,480,000 9,440 direct labor hours 170,000 machine hours Based on the above information, calculate Q-dot's predetermined overhead...
Question number 1: Davy Company had a beginning work in process inventory balance of $32,000. During the year, $54,500 of direct materials was placed into production. Direct labor was $63,400, and indirect labor was $19,500. Manufacturing overhead is applied at 125% of direct labor costs. Actual manufacturing overhead was $86,500, and jobs costing $225,000 were completed during the year. What is the ending work in process inventory balance? a. $172,000 b. $ 11,400 c. $ 4,150 d. $ 79,250 Question...
This Question: 4 pts 1 of 21 (0 complete) This Test: 100 pts possi... Question Help Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $59 per machine hour, while the finishing department uses a departmental overhead rate of $25 per direct labor hour. Job A216 used the following direct labor hours and machine...
Here are selected basic data for Wilson Company: Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $243,750 35,000 36,000 $325,000 $320,000 $66,300 Factory utilities Indirect labor Sales commissions Factory rent Factory property taxes Indirect materials $30,400 $22,800 $54,300 $47,800 $29,100 $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? O A. $284,000 OB. $261,200 OC. $173,600 OD. $229,700...
This Question: 1 pt 15 of 4 OP Technologies Manufacturing manufactures small parts and uses an activity-based costing system. (Click the icon to view the data.) The following parts were produced in October with the following information: E! (Click the icon to view the data.) Total manufacturing overhead costs for part A is O A $10,050 OB. $7,350 O c. $7,700 OD. $5,000 This Test costing i Data Table Activity Est. Indirect Activity Costs Allocation base Cost allocation rate Materials...
Quick Step Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: Estimated direct labor cost Actual direct labor cost Estimated manufacturing overhead costs Actual manufacturing overhead costs Estimated direct labor hours Actual direct labor hours $500,100 $465,100 $425,300 $350,700 250,200 232,800 If Quick Step Company uses direct labor hours as the allocation base, what would the predetermined...
Neptune Fabrication Plant has provided you with the following information: Total manufacturing overhead costs estimated at the beginning of the year $252,000 Total direct labor costs estimated at the beginning of the year $129,000 Total direct labor hours estimated at the beginning of the year 5,250 direct labor hours Actual manufacturing overhead costs for the year $242,000 Actual direct labor costs for the year $134,000 Actual direct labor hours for the year 4,800 direct labor hours The company bases its...
This Question: 1 pt 3 of 20 2 completel Here is some besic data for Deita Manufacturing Cost of materials purchases on account $77,100 $45,300 s81,200 $99,000 Cost of materials requisitioned (includes $2.200 of indirect)o Direct labor costs incumed Manufacturing overhead costs incured, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning firished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost $277.000 $149.600 $35,300...
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