Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing
overhead applied to products based on direct labor hours. At the
beginning of the most recent year, the company estimated its
manufacturing overhead cost at $175,570. Estimated direct labor
cost was $448,880 for 18,100 hours.
Actual costs for the most recent month are summarized
here:
| Item Description | Total Cost | |
| Direct labor (1,810 hours) | $ | 44,889 |
| Indirect costs | ||
| Indirect labor | 2,590 | |
| Indirect materials | 3,420 | |
| Factory rent | 3,240 | |
| Factory supervision | 4,750 | |
| Factory depreciation | 5,610 | |
| Factory janitorial work | 1,260 | |
| Factory insurance | 1,840 | |
| General and administrative salaries | 4,160 | |
| Selling expenses | 5,330 | |
Required:
1 Record the application of manufacturing overhead to
production.
Homework Answers
| Application of manufacturing overhead to production. | $17,557 | ||
| (Predetermined overhead rate x Actual value of allocation base) | |||
| ($9.70 x 1,810 hours) | |||
| Working | |||
| Predetermined overhead rate | $9.70 | Per DL hour | |
| ($175,570/18,100 hours) | |||
Add Answer to:
Verizox Company uses a job order cost system with manufacturing
overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $175,570. Estimated direct labor cost was $448,880 for 18,100 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,810 hours) $ 44,889 Indirect costs Indirect labor 2,590 Indirect materials 3,420 Factory rent 3,240 Factory supervision 4,750 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $175,570. Estimated direct labor cost was $448,880 for 18,100 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,810 hours) $ 44,889 Indirect costs Indirect labor 2,590 Indirect materials 3,420 Factory rent 3,240 Factory supervision 4,750 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $177,510. Estimated direct labor cost was $435,540 for 18,300 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,830 hours) $ 43,555 Indirect costs Indirect labor 2,420 Indirect materials 3,420 Factory rent 3,390 Factory supervision 4,770 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $169,260. Estimated direct labor cost was $453,180 for 18,200 hours. Actual costs for the most recent month are summarized here: Total Cost $ 45,319 Item Description Direct labor (1,820 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $171,990. Estimated direct labor cost was $455,490 for 18,900 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,890 hours) $ 45,550 Indirect costs Indirect labor 2,550 Indirect materials 3,360 Factory rent 3,390 Factory supervision 4,850 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $171,120. Estimated direct labor cost was $448,960 for 18,400 hours. Actual costs for the most recent month are summarized here: Total Cost $44,897 Item Description Direct labor (1,840 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,880. Estimated direct labor cost was $438,480 for 18,900 hours. Actual costs for the most recent month are summarized here: Total Cost $43,849 Item Description Direct labor (1,890 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $186,120. Estimated direct labor cost was $469,260 for 19,800 hours. Actual costs for the most recent month are summarized here: Total Cost $ 46,927 Item Description Direct labor (1,900 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory Janitorial work...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $169,260. Estimated direct labor cost was $457,560 for 18,600 hours. Actual costs for the most recent month are summarized here: Item Description Total Cost Direct labor (1,860 hours) $ 45,757 Indirect costs Indirect labor 2,520 Indirect materials 3,470 Factory rent 3,350 Factory supervision 4,840 Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,810. Estimated direct labor cost was $441,210 for 19,100 hours. Actual costs for the most recent month are summarized here: Total Cost $44,122 Item Description Direct labor (1,910 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $169,260. Estimated direct labor cost was $453,180 for 18,200 hours. Actual costs for the most recent month are summarized here: Total Cost $ 45,319 Item Description Direct labor (1,820 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $171,120. Estimated direct labor cost was $448,960 for 18,400 hours. Actual costs for the most recent month are summarized here: Total Cost $44,897 Item Description Direct labor (1,840 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,880. Estimated direct labor cost was $438,480 for 18,900 hours. Actual costs for the most recent month are summarized here: Total Cost $43,849 Item Description Direct labor (1,890 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $186,120. Estimated direct labor cost was $469,260 for 19,800 hours. Actual costs for the most recent month are summarized here: Total Cost $ 46,927 Item Description Direct labor (1,900 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory Janitorial work...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,810. Estimated direct labor cost was $441,210 for 19,100 hours. Actual costs for the most recent month are summarized here: Total Cost $44,122 Item Description Direct labor (1,910 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
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