![Exercise 2-2 Apply Overhead Cost to Jobs [LO2-2] Luthan Company uses a plantwide predetermined overhead rate of $22.10 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $265,200 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor-hours. The company incurred actual total manufacturing overhead cost of $270,000 and 12,600 total direct labor-hours during the period. Required Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. anufacturing overhead](http://img.homeworklib.com/questions/009ccae0-6ff5-11ea-a17e-138bf3a2eb7e.png?x-oss-process=image/resize,w_560)
Homework Answers
manufacturing overhead applied = predetermined overhead rate*actual direct labor hours
= 22.10*12600
= 278460
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Exercise 2-2 Apply Overhead Cost to Jobs [LO2-2] Luthan Company uses a plantwide predetermined overhead rate...
Exercise 2-2 Apply Overhead Cost to Jobs (LO2-2] Luthan Company uses a plantwide predetermined overhead rate...
Exercise 2-2 Apply Overhead Cost to Jobs (LO2-2] Luthan Company uses a plantwide predetermined overhead rate of $22.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $274,800 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $267,000 and 12,600 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to...
Exercise 2-2 Apply Overhead Cost to Jobs (LO2-2] Luthan Company uses a plantwide predetermined overhead rate...
Exercise 2-2 Apply Overhead Cost to Jobs (LO2-2] Luthan Company uses a plantwide predetermined overhead rate of $22.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $272,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,000 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to...
2 Exercise 2-2 Apply Overhead Cost to Jobs [LO2-2] 14.28 points Luthan Company uses a plantwide...
2 Exercise 2-2 Apply Overhead Cost to Jobs [LO2-2] 14.28 points Luthan Company uses a plantwide predetermined overhead rate of $23.80 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $285,600 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,000 total direct labor-hours during the periocd eBook Required Determine the amount of manufacturing overhead cost that would...
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate...
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $270,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor-hours. The company incurred actual total manufacturing overhead cost of $268,000 and 11,500 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period.
Luthan Company uses a plantwide predetermined overhead rate of $23.90 per direct labor-hour. This predetermined rate...
Luthan Company uses a plantwide predetermined overhead rate of $23.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $286,800 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $266,000 and 12,600 total direct labor-hours during the period. Required Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufactunng overhead
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate...
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $270,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $267.000 and 11,400 total direct labor-hours during the period, Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Luthan Company uses a plantwide predetermined overhead rate of $23.90 per direct labor-hour. This predetermined rate...
Luthan Company uses a plantwide predetermined overhead rate of $23.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $286,800 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $270,000 and 12,400 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate...
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $270,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,400 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Exercise 2-2 (Algo) Apply Overhead Cost to Jobs (LO2-2) Luthan Company uses a plantwide predetermined overhead...
Exercise 2-2 (Algo) Apply Overhead Cost to Jobs (LO2-2) Luthan Company uses a plantwide predetermined overhead rate of $22.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $272,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $266,000 and 11,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied...
Exercise 2-1 (Algo) Compute a Predetermined Overhead Rate [LO2-1) Harris Fabrics computes its plantwide predetermined overhead...
Exercise 2-1 (Algo) Compute a Predetermined Overhead Rate [LO2-1) 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 33,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $592,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of 54.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was 5786,895 and...
Exercise 2-2 Apply Overhead Cost to Jobs (LO2-2] Luthan Company uses a plantwide predetermined overhead rate of $22.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $274,800 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $267,000 and 12,600 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to...
Exercise 2-2 Apply Overhead Cost to Jobs (LO2-2] Luthan Company uses a plantwide predetermined overhead rate of $22.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $272,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,000 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to...
2 Exercise 2-2 Apply Overhead Cost to Jobs [LO2-2] 14.28 points Luthan Company uses a plantwide predetermined overhead rate of $23.80 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $285,600 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,000 total direct labor-hours during the periocd eBook Required Determine the amount of manufacturing overhead cost that would...
Luthan Company uses a plantwide predetermined overhead rate of $23.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $286,800 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $266,000 and 12,600 total direct labor-hours during the period. Required Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufactunng overhead
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $270,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $267.000 and 11,400 total direct labor-hours during the period, Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Luthan Company uses a plantwide predetermined overhead rate of $23.90 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $286,800 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor hours. The company incurred actual total manufacturing overhead cost of $270,000 and 12,400 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Luthan Company uses a plantwide predetermined overhead rate of $22.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $270,000 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $269,000 and 12,400 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Manufacturing overhead applied
Exercise 2-2 (Algo) Apply Overhead Cost to Jobs (LO2-2) Luthan Company uses a plantwide predetermined overhead rate of $22.70 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $272,400 of total manufacturing overhead cost for an estimated activity level of 12,000 direct labor- hours. The company incurred actual total manufacturing overhead cost of $266,000 and 11,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied...
Exercise 2-1 (Algo) Compute a Predetermined Overhead Rate [LO2-1) 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 33,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $592,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of 54.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was 5786,895 and...
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