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Vaughn Company manufactures a line of lightweight running shoes. CEO Mark Vaughn estimated that the company...
Sunland Company manufactures a line of lightweight running shoes. CEO Mark Sunland estimated that the company would incur $3,379,520 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 236,000 direct labor hours and 617,828 machine hours. Assume that Sunland Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, eg. 52.75) Company's predetermined overhead rates /DLH eTextbook and...
Exercise 4-12 Oriole Company manufactures a line of lightweight running shoes. CEO Mark Oriole estimated that the company would incur $3.745.580 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 219.000 direct labor hours and 553,853 machine hours. Assume that Oriole Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate (Round answer to 2 decimal places, e.. 52.75.) Company's predetermined overhead rate $...
Question 2 View Policies Current Attempt in Progress Vaughn Company manufactures a line of lightweight running shoes. CEO Mark Vaughn estimated that the company would incur $3.124,200 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 246,000 direct labor hours and 537,728 machine hours. Assume that Vaughn Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g....
Marigold Company manufactures a line of lightweight running shoes. CEO Mark Marigold estimated that the company would incur $2,787,680 in manufacturing overhead during the coming year. When Marigold Company uses direct labor hours as its manufacturing overhead application base, predetermined overhead rate is $12.67/DLH and when it uses machine hours as its manufacturing overhead application base, predetermined overhead rate is $5.32/MH. Additionally, he estimated the company would operate at a level requiring 220,022 direct labor hours and 524,000 machine hours....
urrent Attempt in Progress Swifty Company manufactures a line of lightweight running shoes. CEO Mark Swifty estimated that the company would incur $3,210.750 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 225,000 direct labor hours and 591,298 machine hours. Assume that Swifty Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) DLH Company's predetermined...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 $10,000 $ 1.40 1,500 $15,000 $ 2.20 4,000 $25,000 Job P $13,000 $21,080 Job $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,380 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,95€ $30, 200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job O $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,000 1,900 4,900 2,100 2,200 4,300 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16.950 $30,200 $ 2.70 $ 3.5e 15 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Job o $26,200 $14,500 $31,400 $12,700 3, eee 2,100 1,900 2,200 4,300 4,900 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined...
Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming Customizing 6,000 4, een $16,800 $9,200 $ 2.00 $ 4.00 Total 10,000 $26, eee During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Direct materials Direct labor cost Forming machine-hours Customizing machine-hours Job C Job L $14,700 $ 8,400 $21,600 $ 8,400 2,7ee 3,380 400 3,689 Required: a. Assume that the...
Help Save & Exit Submit A company has two manufacturing departments-Machinery and Assembly. The company considers all of its manufacturing overhead costs to be fixed costs. It provided the following estimates at the beginning of the year as well as the Information with respect to Jobs A and B. Estimated Data Manufacturing overhead Direct labor-hours Machine-hours Machining $ 22,500,000 30,000 750,000 Msembly Total $ 900,000 $23,400,000 750,000 780,000 25,000 775,000 Job Direct labor-hours Machine-hours Machining Assembly Total 5 10 15...