Correct answer---------(a) $4.48 per machine hour
Working
Calculation of Predetermined overhead rate | ||
(A) | Estimated Overheads | $ 240,550.00 |
(B) | Total machine hours estimated | 53,640 |
(A/B) | Predetermined overhead rate | $ 4.48 per machine hour |
Pinacle Corp. budgeted $240,550 of overhead cost for the current year. Actual overhead costs for the...
Pinacle Corp. budgeted $218,870 of overhead cost for the current year. Actual overhead costs for the year were $202,840. Pinacle's plantwide allocation base, machine hours, was budgeted at 46,230 hours. Actual machine hours were 48,160. A total of 105,910 units was budgeted to be produced and 98,000 units were actually produced. Pinacle's plantwide factory overhead rate for the current year is: O a $4.73 per machine hour Ob. $2.07 per machine hour Oc. $4.39 per machine hour Od. $1.92 per...
Pinnacle Corp. budgeted $258,700 of overhead cost for the current year. Actual overhead costs for the year were $240,730. Pinnacle's plantwide allocation base, machine hours, was budgeted at 54,860 hours. Actual machine hours were 55,670. A total of 108,360 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: a. $4.39 per machine hour b. $4.72 per machine hour c. $2.39 per machine hour d. $2.22 per machine...
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The Botosan Factory has determined that its budgeted factory overhead budget for the year is $615,420 and budgeted direct labor hours are 473,400. If the actual direct labor hours for the period are 430,800, how much overhead would be allocated to the period? Oa, $576,841 Ob. $560,040 Oc. $476,034 Od. $677,648 Blue Ridge Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to...
The total factory overhead for Big Light Company is budgeted for the year at $894,880. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 10,700 units. Each night light requires 2 hours of direct labor. Desk Lamps are budgeted for 24,600 units. Each desk lamp requires 3 hours of direct labor. a Determine the total number of budgeted direct labor hours for the year. direct labor hours b Determine the single plantwide factory...
The total factory overhead for Big Light Company is budgeted for the year at $1,701,700. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 13,100 units. Each night light requires 3 hours of direct labor. Desk lamps are budgeted for 16,100 units. Each desk lamp requires 2 hours of direct labor a Determine the total number of budgeted direct labor hours for the year. direct labor hours b Determine the single plantwide factory...
The total factory overhead for Big Light Company is budgeted for the year at $1,146,000. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 9,900 units. Each night light requires 3 hours of direct labor. Desk lamps are budgeted for 13,800 units. Each desk lamp requires 2 hours of direct labor. a Determine the total number of budgeted direct labor hours for the year. direct labor hours b Determine the single plantwide factory...
Behring Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual fixed manufacturing overhead costs for the most recent month appear below: Original Budget Actual Costs Fixed overhead cost: Supervision $4,680 $4,800 Utilities 6,120 5,820 Factory depreciation 21,240 20,720 Total fixed manufacturing overhead cost $32,040 $31,340 The company based its original budget on 3,600 machine-hours. The company actually worked 3,570 machine-hours during the month. The standard hours...
West Company estimates that overhead costs for the next year will be $5,240,000 for indirect labor and $550,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 150,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? $.0259 per machine hour. $34.93 per machine hour. $38.60 per machine hour. $3.67 per machine hour.
Peterson Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor and $940,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 100,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) Multiple Choice $0.03 per machine hour. $44.40 per machine hour. $34.62 per machine hour. $9.40 per machine hour. $0.11 per machine hour.
Peterson Company estimates that overhead costs for the next year will be $4,000,000 for indirect labor and $970,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 140,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) Multiple Choice O $28.07 per machine hour. O $6.93 per machine hour. O $35.50 per machine hour. O $0.14 per machine hour. O $0.04 per...