Homework Answers
Correct answer----$15.60 per Direct labor hour
|
Predetermined Overhead rate |
|
|
Total Manufacturing Overheads expected |
$ 12,87,000.00 |
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Total Direct labor hours |
82500 |
|
Predetermined Overhead rate |
$15.60 |
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Jackson Inc. listed the following data for 2019 14 Budgeted factory overhead Budgeted direct labor hours...
Jackson Inc. listed the following data for 2019: כ7 Budgeted factory overhead Budgeted direct labor hours...
Jackson Inc. listed the following data for 2019: כ7 Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,256, 000 80,000 40,000 1,201,200 86,500 39,600 Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 (round calculations to 2 significant digits) is Multiple Choice $37.98 per machine hour $32.95 per machine hour $31.70 per machine hour. $28.33 per machine hour 31.40 per machine...
Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted...
Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,260,000 75,000 42,000 1,040,300 87,600 40,700 If overhead is applied based on direct labor hours, overapplied/underapplied overhead is (round calculations to 2 significant digits): Multiple Choice O $431,380 overapplied $316,255 overapplied.
Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted...
Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,505,000 86,000 43,000 1,402,000 88,300 41,400 If overhead is applied based on machine hours, the overapplied/underapplied overhead is (round calculations to 2 significant digits): Multiple Choice $49,059 overapplied. $47,000 underapplied. $47,000 overapplied. $49,059 underapplied.
Sutherland Company listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted...
Sutherland Company listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,984,000 80,000 50,000 1,024,000 84,600 49,800 Skipped Assuming Sutherland applied overhead based on machine hours, the company's predetermined overhead rate for 2019 is (round to two significant digits): We were unable to transcribe this image
Jackson Inc. listed the following data for 2019: 10 Budgeted factory overhead Budgeted direct labor hours...
Jackson Inc. listed the following data for 2019: 10 Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct Labor hours Actual machine hours $1,505,000 86,000 43,000 1,150,400 88,300 41,400 points If overhead is applied based on direct labor hours, overapplied/underapplied overhead is (round calculations to 2 significant digitsh Multiple Choice 10 $394850 overapplied 4 394,850 underapplied $467,985 underapplied s-0- $467,985 overapplied < Prey 100f 50 Next > 딤0 FI F2 F3 14 FS F7...
Jackson Company applies overhead to products using direct labor hours as the activity level. During 2019,...
Jackson Company applies overhead to products using direct labor hours as the activity level. During 2019, Jackson Company had the following estimated costs: Direct materials .................... $258,000 Direct labor ........................ 255,000 Advertising ......................... 35,000 Rent on factory building ............ 36,000 Depreciation .................... ... 60,000 Indirect materials .................. 32,000 Sales commissions ................... 50,000 Production supervisor's salary ...... 40,000 Insurance on factory equipment ...... 18,000 CEO's salary ........................ 95,000 The following additional information is available: 1. 30% of the depreciation relates to...
Trini Inc, bases its manufacturing overhead budget on budgeted direct labor hours. The direct labor budget...
Trini Inc, bases its manufacturing overhead budget on budgeted direct labor hours. The direct labor budget indicates that 9.000 direct labor-hours will be required in May. The variable overhead rate is $2.30 per direct labor hour. The company's budgeted fixed manufacturing overhead is $109.440 per month, which includes depreciation of $9,810. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice O $120,330 $20700...
Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is...
Mccoo Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $98,900 per month, which includes depreciation of $19,780. All other fixed manufacturing overhead costs represent current cash flows. The September direct labor budget indicates that 8,600 direct labor-hours will be required in that month.
Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates...
Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,200 direct labor-hours will be required in May. The variable overhead rate is $1.50 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $101,440 per month, which includes depreciation of $9,010. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice $104,730. $12,300. $92,430. $113,740.
Morrish Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates...
Morrish Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7,100 direct labor-hours will be required in January. The variable overhead rate is $1.90 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $100,370 per month, which includes depreciation of $8,980. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: $13,490 $113,860 $91,390 $104,880
Jackson Inc. listed the following data for 2019: כ7 Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,256, 000 80,000 40,000 1,201,200 86,500 39,600 Assuming Jackson Inc. applied overhead based on machine hours, the firm's predetermined overhead rate for 2019 (round calculations to 2 significant digits) is Multiple Choice $37.98 per machine hour $32.95 per machine hour $31.70 per machine hour. $28.33 per machine hour 31.40 per machine...
Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,260,000 75,000 42,000 1,040,300 87,600 40,700 If overhead is applied based on direct labor hours, overapplied/underapplied overhead is (round calculations to 2 significant digits): Multiple Choice O $431,380 overapplied $316,255 overapplied.
Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,505,000 86,000 43,000 1,402,000 88,300 41,400 If overhead is applied based on machine hours, the overapplied/underapplied overhead is (round calculations to 2 significant digits): Multiple Choice $49,059 overapplied. $47,000 underapplied. $47,000 overapplied. $49,059 underapplied.
Sutherland Company listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $1,984,000 80,000 50,000 1,024,000 84,600 49,800 Skipped Assuming Sutherland applied overhead based on machine hours, the company's predetermined overhead rate for 2019 is (round to two significant digits): We were unable to transcribe this image
Jackson Inc. listed the following data for 2019: 10 Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct Labor hours Actual machine hours $1,505,000 86,000 43,000 1,150,400 88,300 41,400 points If overhead is applied based on direct labor hours, overapplied/underapplied overhead is (round calculations to 2 significant digitsh Multiple Choice 10 $394850 overapplied 4 394,850 underapplied $467,985 underapplied s-0- $467,985 overapplied < Prey 100f 50 Next > 딤0 FI F2 F3 14 FS F7...
Trini Inc, bases its manufacturing overhead budget on budgeted direct labor hours. The direct labor budget indicates that 9.000 direct labor-hours will be required in May. The variable overhead rate is $2.30 per direct labor hour. The company's budgeted fixed manufacturing overhead is $109.440 per month, which includes depreciation of $9,810. All other fixed manufacturing overhead costs represent current cash flows. The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be: Multiple Choice O $120,330 $20700...
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