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Instructions Instructions 10 pts Question 3 In the manufacture of 8,000 units of a product, direct...
In the manufacture of 10,000 units of a product, direct materials cost incurred was $170,500, direct...
In the manufacture of 10,000 units of a product, direct materials cost incurred was $170,500, direct labor cost incurred was $108,000, and applied factory overhead was $49,200. What is the total conversion cost? a.$157,200 b.$49,200 c.$327,700 d.$170,500 The Thomlin Company forecasts that total overhead for the current year will be $11,136,000 with 196,000 total machine hours. Year to date, the actual overhead is $7,770,000 and the actual machine hours are 80,000 hours. The predetermined overhead rate based on machine hours...
5 pts Question 5 The Thomlin Company forecasts that total overhead for the current year will...
5 pts Question 5 The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 with 300,000 total machine hours. Year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is e $500,000 over applied O $1,000,000 over applied $500,000 under applied $1,000,000 under...
2 points Saved QUESTION 10 The Thomlin Company forecasts that total overhead for the current year...
2 points Saved QUESTION 10 The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), by how much is the overhead is over/underapplied? $500,000 over $1,000,000...
Calculator Thomlin Company forecasts that total overhead for the current year will be $11,079,000 with 169,000...
Calculator Thomlin Company forecasts that total overhead for the current year will be $11,079,000 with 169,000 total machine hours. Year to date, the actual overhead is $7,689,000 and the actual machine hours are 82,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. Oa. $45 per machine hour Ob. $94 per machine hour Oc. $66 per machine hour Od $135 per machine hour...
The Thomlin Company forecasts that total overhead for the current year will be $11,241,000 with 172,000...
The Thomlin Company forecasts that total overhead for the current year will be $11,241,000 with 172,000 total machine hours. Year to date, the actual overhead is $7,730,000 and the actual machine hours are 85,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a. $45 per machine hour Ob. $132 per machine hour C. $65 per machine hour Od. $91 per machine hour...
The Thomlin Company forecasts that total overhead for the current year will be $11,298,000 with 156,000...
The Thomlin Company forecasts that total overhead for the current year will be $11,298,000 with 156,000 total machine hours. Year to date, the actual overhead is $7,722,000 and the actual machine hours are 100,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a...
OH Variance At the beginning of the year, your company thought . Each product would use 3 direct labor hours. . Fix...
OH Variance At the beginning of the year, your company thought . Each product would use 3 direct labor hours. . Fixed overhead would be $900,000 for the year. Fixed overhead would be applied based on machine hours and would be $2.50 per machine hour. .Variable overhead would be applied based on direct labor hours and would be $4.00 per direct labor hour e46,000 units would be produced At the end of the year, what happened that year was: 48,000...
1 At a sales volume of 44,500 units, Choice Corporation's sales commissions (a cost that is...
1 At a sales volume of 44,500 units, Choice Corporation's sales commissions (a cost that is variable with respect to sales volume) total $640,800. To the nearest whole cent, what should be the average sales commission per unit at a sales volume of 45,500 units? (Assume that this sales volume is within the relevant range.) 2. Job 910 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 2,430 Direct labor-hours 70 labor-hours...
Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs...
Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,100 3,800 3,600 $18,000 64,500 Dominator 360 3,200 2,100 $ 5,650 45,500 Total 1,460 7,000 5,700 $ 23,650 110,000 209,370 $343,020 Tiger Furnishings's CFO believes that a two-stage cost allocation system would give managers better cost information. She asks the company's cost accountant to analyze the accounts and assign overhead costs to two pools: overhead related to direct labor cost and overhead related...
This Question: 4 pts 1 of 21 (0 complete) This Test: 100 pts possi... Question Help...
This Question: 4 pts 1 of 21 (0 complete) This Test: 100 pts possi... Question Help Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $59 per machine hour, while the finishing department uses a departmental overhead rate of $25 per direct labor hour. Job A216 used the following direct labor hours and machine...
5 pts Question 5 The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 with 300,000 total machine hours. Year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is e $500,000 over applied O $1,000,000 over applied $500,000 under applied $1,000,000 under...
2 points Saved QUESTION 10 The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), by how much is the overhead is over/underapplied? $500,000 over $1,000,000...
Calculator Thomlin Company forecasts that total overhead for the current year will be $11,079,000 with 169,000 total machine hours. Year to date, the actual overhead is $7,689,000 and the actual machine hours are 82,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. Oa. $45 per machine hour Ob. $94 per machine hour Oc. $66 per machine hour Od $135 per machine hour...
The Thomlin Company forecasts that total overhead for the current year will be $11,241,000 with 172,000 total machine hours. Year to date, the actual overhead is $7,730,000 and the actual machine hours are 85,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a. $45 per machine hour Ob. $132 per machine hour C. $65 per machine hour Od. $91 per machine hour...
The Thomlin Company forecasts that total overhead for the current year will be $11,298,000 with 156,000 total machine hours. Year to date, the actual overhead is $7,722,000 and the actual machine hours are 100,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. a...
OH Variance At the beginning of the year, your company thought . Each product would use 3 direct labor hours. . Fixed overhead would be $900,000 for the year. Fixed overhead would be applied based on machine hours and would be $2.50 per machine hour. .Variable overhead would be applied based on direct labor hours and would be $4.00 per direct labor hour e46,000 units would be produced At the end of the year, what happened that year was: 48,000...
Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,100 3,800 3,600 $18,000 64,500 Dominator 360 3,200 2,100 $ 5,650 45,500 Total 1,460 7,000 5,700 $ 23,650 110,000 209,370 $343,020 Tiger Furnishings's CFO believes that a two-stage cost allocation system would give managers better cost information. She asks the company's cost accountant to analyze the accounts and assign overhead costs to two pools: overhead related to direct labor cost and overhead related...
This Question: 4 pts 1 of 21 (0 complete) This Test: 100 pts possi... Question Help Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of $59 per machine hour, while the finishing department uses a departmental overhead rate of $25 per direct labor hour. Job A216 used the following direct labor hours and machine...
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