Homework Answers
Answer is $25.58
Total overheads of Painting department = $28000 + (300 x $9) = $30700
Overhead rate for painting department = Total overheads / Total labor hours = $30700 / 1200 labor hours = $25.58
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Question 4 2 pts Luster, LLC uses departmental overhead rates. The company has two departments, fabrication...
m/courses/1262813/quizzes/3056451/take/questions/44191369 ... Q Demand-pull inflati. Dashboard Question 3 2 pts Luster, LLC uses a single, plant-wide...
m/courses/1262813/quizzes/3056451/take/questions/44191369 ... Q Demand-pull inflati. Dashboard Question 3 2 pts Luster, LLC uses a single, plant-wide overhead rate. The company has two departments, fabrication and painting. Relevant data is below. Fabrication department: $12,000 fixed overhead, variable overhead $18 per labor hour Painting department: $28,000 fixed overhead, variable $9 per machine hour The company estimated the following hours: Fabrication department: 900 labor hours and 1,000 machine hours Painting department: 1.200 labor hours and 300 machine hours The single, plant-wide overhead rate...
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Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has...
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Exercise 2-13 Departmental Predetermined Overhead Rates (LO2-1, LO2-2, LO2-4) White Company has two departments, Cutting and...
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Exercise 2-13 Departmental Predetermined Overhead Rates [LO2-1, LO2-2, LO2-4] White Company has two departments, Cutting and...
Exercise 2-13 Departmental Predetermined Overhead Rates [LO2-1, LO2-2, LO2-4] White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing Direct labor-hours 6,800 76,000 Machine-hours 58,400 1,600 Total fixed manufacturing overhead cost $ 380,000...
EXERCISE 3-13 Departmental Predetermined Overhead Rates 103-1,CL03-2, L03-4 White Company has two departments, Cutting and Finishing....
EXERCISE 3-13 Departmental Predetermined Overhead Rates 103-1,CL03-2, L03-4 White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates. Cutting 6,000 48.000 5.264.000 Department Finishing 30.000 5.000 $.366.000 Direct labor hours Machine-hours Total fixed manufacturing overhead cost...
EXERCISE 3-15 Departmental Overhead Rates (L03-1, L03-2, LO3-3] White Company has two departments, Cutting and Finishing....
EXERCISE 3-15 Departmental Overhead Rates (L03-1, L03-2, LO3-3] White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours ..... Machine-hours .......... .......... . Total fixed manufacturing overhead cost ........... Variable manufacturing overhead per machine-hour...
m/courses/1262813/quizzes/3056451/take/questions/44191369 ... Q Demand-pull inflati. Dashboard Question 3 2 pts Luster, LLC uses a single, plant-wide overhead rate. The company has two departments, fabrication and painting. Relevant data is below. Fabrication department: $12,000 fixed overhead, variable overhead $18 per labor hour Painting department: $28,000 fixed overhead, variable $9 per machine hour The company estimated the following hours: Fabrication department: 900 labor hours and 1,000 machine hours Painting department: 1.200 labor hours and 300 machine hours The single, plant-wide overhead rate...
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Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crano's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $57 per machine hour, while the finishing department uses a departmental overhead rate of $30 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments: Casting Finishing Actual results Department Department Direct labor hours used 10...
Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $30 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two departments Assembly Department 9 Sanding Department Actual results Direct labor hours used Machine hours used The cost...
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