Homework Answers
D) $0.50 per MH
Departmental overhead rate for the mixing department based on machine hours = $500,000/1,000,000 = $0.50 per MH
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OIL In Process Units started Units completed Ending Work in Process...
need hwlp with question 5 Compute Tasty's departmental overhead rate for the mixing department based on...
need hwlp with question 5
Compute Tasty's departmental overhead rate for the mixing department based on machine hours. A) $1.50 per MH. B) $3.33 per MH. C) $0.60 per MH. D) $0.50 per MH. E) $2.00 per MH. 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is: Direct materials used $ 87,000 Direct labor used 160,000 155% Predetermined overhead rate...
need help with question 3 Beginning Work in Process Units started Units completed Ending Work in...
need help with question 3
Beginning Work in Process Units started Units completed Ending Work in Process Product 230,000 570,000 620,000 180,000 60% 100% 100% 70% A) 758,000 B) 800,000 C) 620,000 D) 746,000 E) 884.000 Tasty Bakery produces donuts which go through two operations, mixing and baking, before they are ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Direct labor hours 300.000 DLH 70,000 DLH Machine hours 1,000,000 MH800,000 MH Overhead costs...
need help with question #6 E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following inf...
need help with question #6
E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June, The journal entry to record June production activities for overhead allocation is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales 87,000 160,000 155% 432,000 444,000 810,000 A) Debit Factory Overhead $248,000; credit Cash $248,000. B) Debit Work in...
need help with question #2 Multiple Choice Practice 1) A production department's output for the most recent month c...
need help with question #2
Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A) 6,500 units....
Required information [The following information applies to the questions displayed below.] Tasty Bakery produces donuts which...
Required information [The following information applies to the questions displayed below.] Tasty Bakery produces donuts which go through two operations, mixing and baking, before they are ready to be packaged. Next year’s expected costs and activities are shown below. Mixing Baking Direct labor hours 300,000 DLH 70,000 DLH Machine hours 1,000,000 MH 800,000 MH Overhead costs $500,000 $400,000 Compute Tasty's departmental overhead rate for the mixing department based on direct labor hours. Multiple Choice $1.50 per DLH. $5.00 per DLH....
need help with my homework i dont undestand number 1 Multiple Choice Practice 1) A production...
need help with my homework i dont undestand number 1
Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted...
Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready...
Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Direct labor hours 411,000 DLH 91,000 DLH Machine hours 811,000 MH 811,000 MH Overhead costs $534,300 $411,000 26.Compute Aztec's departmental overhead rate for the mixing department based on direct labor hours. $1.30 per DLH. $0.66 per DLH. $1.88 per DLH. $4.52 per DLH. $0.51 per DLH. 27. Compute Aztec's departmental...
4. Aztec Industries produces bread which goes through two operations, mixing and baking, before it is...
4. Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Direct labor hours 400,000 DLH 80,000 DLH Machine hours 800,000 MH 800,000 MH Overhead costs $ 600,000 $ 400,000 Compute Aztec's departmental overhead rate for the baking department based on machine hours. Group of answer choices $5.00 per MH $2.08 per MH $1.50 per MH $0.75 per MH $0.50...
Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready...
Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Direct labor hours 405,000 DLH 85,000 DLH Machine hours 805,000 MH 805,000 MH Overhead costs $ 607,500 $ 405,000 Compute Aztec's departmental overhead rate... Compute Aztec's departmental overhead rate for the mixing department based on direct labor hours. Compute Aztec's departmental overhead rate for the baking department based on machine...
22. Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be...
22. Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Total Direct labor hours 400,000 DLH 80,000 DLH 480,000 DLH Machine hours 800,000 MH 8 00,000 MH 1,600,000 MH Overhead costs $600.000 $400,000 $1,000,000 (a). Compute a single plantwide overhead for Aztec based on direct labor hours (round to two decimal places) (b). Compute Aztec's departmental overhead rate for...
need hwlp with question 5
Compute Tasty's departmental overhead rate for the mixing department based on machine hours. A) $1.50 per MH. B) $3.33 per MH. C) $0.60 per MH. D) $0.50 per MH. E) $2.00 per MH. 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is: Direct materials used $ 87,000 Direct labor used 160,000 155% Predetermined overhead rate...
need help with question 3
Beginning Work in Process Units started Units completed Ending Work in Process Product 230,000 570,000 620,000 180,000 60% 100% 100% 70% A) 758,000 B) 800,000 C) 620,000 D) 746,000 E) 884.000 Tasty Bakery produces donuts which go through two operations, mixing and baking, before they are ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Direct labor hours 300.000 DLH 70,000 DLH Machine hours 1,000,000 MH800,000 MH Overhead costs...
need help with question #6
E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June, The journal entry to record June production activities for overhead allocation is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales 87,000 160,000 155% 432,000 444,000 810,000 A) Debit Factory Overhead $248,000; credit Cash $248,000. B) Debit Work in...
need help with question #2
Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A) 6,500 units....
need help with my homework i dont undestand number 1
Multiple Choice Practice 1) A production department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted...
22. Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year's expected costs and activities are shown below. Mixing Baking Total Direct labor hours 400,000 DLH 80,000 DLH 480,000 DLH Machine hours 800,000 MH 8 00,000 MH 1,600,000 MH Overhead costs $600.000 $400,000 $1,000,000 (a). Compute a single plantwide overhead for Aztec based on direct labor hours (round to two decimal places) (b). Compute Aztec's departmental overhead rate for...
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