Homework Answers
1. Overhead Rate = Choose Numerator / Choose Denominator
Overhead Rate = Estimated overhead Cost / Estimated labour cost = 747500/575000 = 130%
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Check my wc Exercise 02-11 Overhead rate; costs assigned to jobs LO P3 1.42 points Shire...
Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is...
Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $636,000 of overhead costs and $530,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by...
Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is based on di...
Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $708,000 of overhead costs and $590,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the Information on the following Job cost sheet to determine the total cost of the job. > Answer is not...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $663,000 of overhead costs and $510,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required...
In December 2014, Shire Computer's management establishes the 2015 predetermined overhead rate based on direct labor...
In December 2014, Shire Computer's management establishes the 2015 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $747,500 of overhead costs and $575,000 of direct labor cost in year 2015. During March 2015, Shire began and completed Job No. 13-56. 1. What is the predetermined overhead rate for year 2015? Overhead Rate 1 Choose Denominator: Choose Numerator: II Overhead Rate Overhead rate / 11 1 II...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $767,000 of overhead costs and $590,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job. Complete...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $676,000 of overhead costs and $520,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $728,000 of overhead costs and $520,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job. Complete...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $832,000 of overhead costs and $520,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job. Complete...
cn 15 Mw (18 pts) Help Save & 2 Exercise 15-11 Overhead rate; costs assigned to...
cn 15 Mw (18 pts) Help Save & 2 Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 In December 2016. Shiee Computer's management establishes the 2017 predetermined overhead rate based on direct lsbor cost The Information used in setting this rate includes estimates that the company will Incur $747500 ot overhead costs and $575,000 of direct abor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1 What is the predetermined overhead rate for...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $742,000 of overhead costs and $530,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required...
Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $636,000 of overhead costs and $530,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by...
Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $708,000 of overhead costs and $590,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the Information on the following Job cost sheet to determine the total cost of the job. > Answer is not...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $663,000 of overhead costs and $510,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required...
In December 2014, Shire Computer's management establishes the 2015 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $747,500 of overhead costs and $575,000 of direct labor cost in year 2015. During March 2015, Shire began and completed Job No. 13-56. 1. What is the predetermined overhead rate for year 2015? Overhead Rate 1 Choose Denominator: Choose Numerator: II Overhead Rate Overhead rate / 11 1 II...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $767,000 of overhead costs and $590,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job. Complete...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $676,000 of overhead costs and $520,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $728,000 of overhead costs and $520,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job. Complete...
In December 2016, Shire Computer's management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $832,000 of overhead costs and $520,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for 2017? 2. Using the information on the following job cost sheet, determine the total cost of the job. Complete...
cn 15 Mw (18 pts) Help Save & 2 Exercise 15-11 Overhead rate; costs assigned to jobs LO P3 In December 2016. Shiee Computer's management establishes the 2017 predetermined overhead rate based on direct lsbor cost The Information used in setting this rate includes estimates that the company will Incur $747500 ot overhead costs and $575,000 of direct abor cost in year 2017. During March 2017, Shire began and completed Job 13-56. 1 What is the predetermined overhead rate for...
Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $742,000 of overhead costs and $530,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required...
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