a) | Predetermined OH rate = 846400/36800 = | $ 23.00 | |
Total factory overhead applied = 54900*23 = | $ 12,62,700 | ||
b) | Overapplied overhead = 1262700-1255000 = | $ 7,700 | |
c) | Factory overhead | $ 7,700 | |
Cost of goods sold | $ 7,700 |
Tthe Winston Company esmates that the tactery overhead for the following year wit be 5346,400 The...
Winston Company estimates that the factory overhead for the following year will be $708,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 35,400 hours. The total machine hours for the year were 54,900 hours. The actual factory overhead for the year was $1,113,000. Enter the amount as a positive number, a. Determine the total factory overhead amount applied. b. Calculate the over- or underapplied amount for the year....
Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. The total machine hours for the year were 54,300. The actual factory overhead for the year was $1,348,800. a. Determine the total factory overhead amount applied. b. Compute the over- or underapplied amount for the year. c. Journalize the entry to transfer the over-...
Winston Company estimates that the factory overhead for the following year will be $938,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 26,800 hours. The total machine hours for the year were 54,000. The actual factory overhead for the year was $1,879,000. a. Determine the total factory overhead amount applied. Round to the nearest dollar. $ b. Compute the over- or underapplied amount for the year. Enter the...
Winston Company estimates that the factory overhead for the following year will be $834,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 27,800 hours. The total machine hours for the year were 54,400 hours. The actual factory overhead for the year was $1,655,000. Enter the amount as a positive number. a. Determine the total factory overhead amount applied. b. Calculate the over- or underapplied amount for the year....
Calculator The Winston Company estimates that the factory overhead for the following year will be $900,800. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 28.400 hours. The total machine hours for the year were 54,100 hours. The actual factory overhead for the year was $1,755,000. Enter the amount as a positive number. a. Determine the total factory overhead amount applied. (Round to the nearest dollar) b. Calculate the...
Chart of Accounts Factory Overhead General Journal Instruction The Winston Company estimates that the factory overhead for the following year will be 5716,400. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 39,800 hours. The total machine hours for the year were 54,400 hours. The actual factory Overhead for the year was 993000 Required aj Determine the total factory overhead amount oled Dj Calculate the replied or under led...
Instruction Winston Company estimates that the factory overhead for the following year will be $1,148,400. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 39,600 hours. The total machine hours for the year were 54,600 hours. The actual factory overhead for the year was $1,606,000. Required: a. Determine the total factory overhead amount applied. b. Compute the overapplied or underapplied amount for the year. Enter the amount as a...
Cavy Company estimates that the factory overhead for the following year will be $1,069,600. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 19,100 hours. The machine hours for the month of April for all of the jobs were 2,680. If the actual factory overhead for April totaled $153,682, determine the over- or underapplied amount for the month. Enter the amount as a positive number.
Cavy Company estimates that the factory overhead for the following year will be $1,102,300. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 15,100 hours. The machine hours for the month of April for all of the jobs were 4,700. If the actual factory overhead for April totaled $335,895, determine the over- or underapplied amount for the month. Enter the amount as a positive number. $
Calculator Cavy Company estimates that the factory overhead for the following year will be $1,191,300. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 20,900 hours. The machine hours for the month of April for all of the jobs were 5,620. If the actual factory overhead for April totaled $313,613, determine the over- or underapplied amount for the month. Enter the amount as a positive number