Homework Answers
Total manufacturing cost is the cost of producing units which is directly related to production.
Total manufacturing cost = Direct Material+Direct labor+Manufacturing overhead
(1) Direct material
=$18,800
(2) Direct labor=Direct labor hours worked * Direct labor rate per hour
=300*$16
=$4800
(3) factory over head rate
=rate per cost driver*cost driver
=$30*200
=$6,000
Thus, total manufacturing cost = $18,800+$4,800+$6,000
=$29,600
Answer A
Add Answer to:
04:21 PM / Remaining: 81 min. al (ACC 2101 2102) CALCULATOR BACK NEXT Multiple Choice Question...
Sheridan Company manufactures customized desks. The following pertains to Job No. 953: Direct materials used $31800...
Sheridan Company manufactures customized desks. The following
pertains to Job No. 953:
Direct materials used
$31800
Direct labor hours worked
600
Direct labor rate per hour
$16.00
Machine hours used
500
Applied factory overhead rate per
machine hour
$30.00
What is the total manufacturing cost for Job No. 953?
$63900
$57800
$54800
$56400
TACT 2101 21 CALCULATOR BACK NEXT Multiple Choice Question 143 Gant Accounting performs two types of...
TACT 2101 21 CALCULATOR BACK NEXT Multiple Choice Question 143 Gant Accounting performs two types of services, Audit and Tax Gant's overhead costs consist of computer support, $312000; and legal support, $156000. Information on the two services is: Direct labor cost CPU minutes Legal hours used Audit $50000 40000 200 Tax $100000 10000 800 Overhead applied to audit services using traditional costing is $312000 $156000. $280800. $187200. "Selene Vega" ob 2020 4:01 PM 0.2 KB
Marigold Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Marigold Corp. thinks machine hours is the best activity base
for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $1550000. The company used 1000 hours of
processing on Job No. B12 during the period and incurred overhead
costs totaling $1600000. The budgeted machine hours for the year
totaled 20000. How much overhead should be applied to Job No.
B12?
Sheridan Company manufactures customized desks. The following
pertains to Job No. 953:
Direct materials used
$31800...
n Assignment Start Time: 06:58 PM / Remaining: 59 min URCES Multiple Choice Question 85 Bonita...
n Assignment Start Time: 06:58 PM / Remaining: 59 min URCES Multiple Choice Question 85 Bonita Industries manufactures customized desks. The following pertains to Job No. 978: Direct materials used Direct labor hours worked Direct labor rate per hour Machine hours used Applied factory overhead rate per machine hour and $16450 460 $15.00 400 $22.00 What is the total manufacturing cost for Job No. 978? $30350 $33650 $36550 O$32150 52 60 Open Show Work Click if you would like to...
Sheridan Company manufactures customized desks. The following
pertains to Job No. 953:
Direct materials used
$31800
Direct labor hours worked
600
Direct labor rate per hour
$16.00
Machine hours used
500
Applied factory overhead rate per
machine hour
$30.00
What is the total manufacturing cost for Job No. 953?
$63900
$57800
$54800
$56400
TACT 2101 21 CALCULATOR BACK NEXT Multiple Choice Question 143 Gant Accounting performs two types of services, Audit and Tax Gant's overhead costs consist of computer support, $312000; and legal support, $156000. Information on the two services is: Direct labor cost CPU minutes Legal hours used Audit $50000 40000 200 Tax $100000 10000 800 Overhead applied to audit services using traditional costing is $312000 $156000. $280800. $187200. "Selene Vega" ob 2020 4:01 PM 0.2 KB
Marigold Corp. thinks machine hours is the best activity base
for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $1550000. The company used 1000 hours of
processing on Job No. B12 during the period and incurred overhead
costs totaling $1600000. The budgeted machine hours for the year
totaled 20000. How much overhead should be applied to Job No.
B12?
Sheridan Company manufactures customized desks. The following
pertains to Job No. 953:
Direct materials used
$31800...
n Assignment Start Time: 06:58 PM / Remaining: 59 min URCES Multiple Choice Question 85 Bonita Industries manufactures customized desks. The following pertains to Job No. 978: Direct materials used Direct labor hours worked Direct labor rate per hour Machine hours used Applied factory overhead rate per machine hour and $16450 460 $15.00 400 $22.00 What is the total manufacturing cost for Job No. 978? $30350 $33650 $36550 O$32150 52 60 Open Show Work Click if you would like to...
Most questions answered within 3 hours.
-
A long straight wire lies along the x axis carries a current of
15 amps in...
asked 5 seconds from now -
Suppose you work hard building your business and end up earning
zero economic profit for the...
asked 2 minutes ago -
A person whose weight is 516 N is being pulled up vertically by
a rope from...
asked 3 minutes ago -
A sample survey at a supermarket showed that 204 of 300 shoppers
regularly use cents-off coupons....
asked 8 minutes ago -
What is the HDI (Hydrogen Deficiency Index) for acetic acid? How
many sets of non-equivalent protons...
asked 9 minutes ago -
Disease Prevention and Health Promotion-Topic
What are the roles of both the state and federal government...
asked 13 minutes ago -
determine the following probabilites
a. for n= 3 and (pie)π = 0.16, what is P(X=0)?
b....
asked 16 minutes ago -
Why do men earn more money than women in America?
asked 26 minutes ago -
Sales of tablet computers at Ted Glickman's electronics store
in Washington, D.C., over the past 10...
asked 37 minutes ago -
Short essay question:
First, discuss the anatomical differences between Paleocene
pro-primates and Eocene eu-primates and explain...
asked 36 minutes ago -
Suppose we have a binomial experiment in which success is
defined to be a particular quality...
asked 58 minutes ago -
march the type of cellular control with the description: enzyme
induction and the enzyme repression. How...
asked 1 hour ago