ans
1. Predetermined manufacturing overhead rate $8/hr
2. Allocated manufacturing overhead rate $456000
3. Actual manufacturing overheads $506,000 and difference of $50,500
4.under costed by $0.89/hr
ans
E3-25A ( 10) Foundry in Young m a n wh o overhead to individuals based on...
+ - E3-25A Analyze manufacturing overhead (Learning Objectives 3 & 5) Smith Foundry in Columbus, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: Manufacturing overhead costs $ 630,000 Direct labor cost $1,650,000 Machine hours 90,000 At the end of the year, the company had actually incurred the following Direct labor cost $1.230,000 $ 480,000 Depreciation on...
E3-25A (similar to) EQuestion Holp Metal Foundry in Boston, Massachusetts, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following EEB (Click the ioon to view the costs.) Requirements 1. Compute Metars predetermined manufacturing overhead rate 2. How much manufacturing overhead was allocated to jobs during the year? 3. How mu㎝ manufacturing overhead was incurred during the year? ls...
Add-ons Help All changes saved in Drive Arial -12 BIUA 2- E 1 - ! E3-25A Analyze manufacturing overhead (Learning Objectives 3&5) Smith Foundry in Columbus, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: Manufacturing overhead costs $630,000 Direct labor cost $1,650,000 Machine hours 90,000 At the end of the year, the company had actually incurred...
Young Foundry in Youngstown, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: (Click the icon to view the costs.) Requirements 1. Compute Young's predetermined manufacturing overhead rate. 2. How much manufacturing overhead was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated at...
Young Foundry in Columbus, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: EEB (Click the icon to view the costs.) Requirements 1. Compute Young's predetermined manufacturing overhead rate. 2. How much manufacturing overhead was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? Is manufacturing overhead underallocated or overallocated...
O Smith Foundry in Padelphia, Pennsylvania, es a predetermined manufacturing overhead rate to locatie overhead to individuals based on the machine hours required the beginning of the year. The company expected to Inow the following Tack the icon to view the cou) Read the Requirement 1. ComputeSmith's predetermined manufacturing overhead rate Smith's predetermined manufacturing overhead rate is per machine how Requirement 2. How much manufacturing overhead was allocated to jobs during the year? The amount of manufacturing overhead allocated to...
Flores Foundry in Charleston, South Carolina, uses a predetermined manufacturing overhead rate to allocate overhea o individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur th Following: (Click the icon to view the costs.) Read the requirements. Requirement 1. Compute Flores' predetermined manufacturing overhead rate. Flores' predetermined manufacturing overhead rate is per machine hour. Requirement 2. How much manufacturing overhead was allocated to jobs during the year? The amount of...
Smith Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: (Click the icon to view the costs.) Smith's accountant found an error in the expense records from the year reported. Depreciation on manufacturing plant and equipment was actually $415,000, not the $490,000 that had originally been reported. The unadjusted Cost of Goods Sold balance at year-end was...
Freeman Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: (Click the icon to view the beginning of the year information.) At the end of the year, the company had actually incurred the following: (Click the icon to view the ending of the year information.) Requirements 1. Compute Freeman's predetermined manufacturing overhead rate. 2. How much manufacturing...
Jackson Foundry in Columbus, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following (Click the icon to view the costs.) Requirements 1. Compute Jackson's predetermined manufacturing overhead rate. 2. How much manufacturing overhead was allocated to jobs during the year? 3. How much manufacturing overhead was incurred during the year? is manufacturing overhead underallocated or overallocated at...