Total direct labor-hours:101,000 Total fixed manufacturing overhead cost: $595,900 Variable manufacturing overhead per direct labor-hour: $3.00
Homework Answers
$ 11830 is the Correct Answer
Calculations :
CALCULATE TOTAL MANUFACTURING COST FOR JOB P951:
| PARTICULARS | AMOUNT |
| DIRECT MATERIAL (Given ) | $840 |
| DIRECT LABOR COST (Given) | $10100 |
| VARIABLE MANUFACTURING OVERHEAD (100 DLH * $3 PER DLH) (Note 1) | $300 |
| FIXED MANUFACTURING OVERHEAD (595900*100/101000) (Note 2) | $590 |
| TOTAL MANUFACTURING COST For Job P951 ( Total of above items) | $11830 |
(Note 1) VARIABLE MANUFACTURING OVERHEAD= Total hours used in Job P951 * Variable manufacturing overhead per direct Labor-hour = = 100 * 3 = $300
(Note 2) FIXED MANUFACTURING OVERHEAD=(fixed manufacturing overhead cost * Direct Lobor hours used in Job P951)/Total Direct Labor-Hours = = 595900*100/101000 = $590
DLH Means = Direct Labor-Hours
Add Answer to:
Total direct labor-hours:101,000 Total fixed manufacturing
overhead cost: $595,900 Variable manufacturing overhead per direct
labor-hour: $3.00...
Total direct labor-hours 40,000 Total foxed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct...
Total direct labor-hours 40,000 Total foxed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 150 Direct materials $ 755 Direct labor cost $ 5,000 The total cost for Job P951 is closest to: O $6,205 O $5.755 O $1,565 $6,565
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 101,000 Total fixed manufacturing overhead cost $595,900 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 25 100 $ 840 $10,100...
Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead...
Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 7,300 65,000 53,100 1,500 $ 370,000 $ 599,000 $ 3.00 - - $ 3.75 Required: 1. Compute the predetermined overhead rate for each department. 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Department Cutting Finishing 12 Direct labor-hours Machine-hours Direct materials Direct labor cost 84 $ 720...
12 Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...
12 Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: 8 01:12:23 Total direct labor-hours 101,000 Total fixed manufacturing overhead cost $595,900 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: 25 Number of units in the job Total direct labor-hours Direct materials Direct labor cost 100 $...
Data Markup on job cost 75% Milling Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable...
Data Markup on job cost 75% Milling Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Assembly 60,000 3,000 8,000 80,000 $390,000 $500,000 $2.00 $3.75 Cost summary for Job 407 Department Milling Assembly 90 Machine-hours Direct labor-hours Direct materials Direct labor cost $800 $70 20 $370 $280 Enter a formula into each of the cells marked with a ? below Assembly Step 1: Calculate the estimated total manufacturing overhead...
can someone please help with this managerial accounting practice problem i cannot get the right answer....
can
someone please help with this managerial accounting practice
problem i cannot get the right answer.
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour $ 101, ee0 $595,900 3.e0 Recently, Job P951 was completed with the following characteristics: Number of units...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estinated variable manufacturing overhead per machine-hour Molding...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estinated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4, Bee $13,258 $16,950 $30,200 $ 2.70 $ 3.50 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Job O $26, Bee $14,50e $31,480 $12,700 3, see 2,180 1,900 2,200 4,900 4,380 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month 7. Assume that Sweeten Company used cost-plus pricing and a markup...
Dehner Corporation uses a job-order costing system with a single plantwide predetermi predetermined overhead rate for...
Dehner Corporation uses a job-order costing system with a single plantwide predetermi predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour Recentų. Job P951 was completed with the following characteristics: 67 227 $ Number of units in the job 25 Total direct labor-hours 100 Direct materials $ 660 Direct labor cost $ 6700 The total job cost for Job P951 is closest to: (Round...
Morton Company's budgeted variable manufacturing overhead is $3.00 per direct labor-hour and it's...
Morton Company's budgeted variable manufacturing overhead is
$3.00 per direct labor-hour and it's budgeted fixed manufacturing
overhead is $375,000 per year
Problem 10A-12 Selection of a Denominator; Overhead Analysis; Standard Cost Card [L010-3, L010-4) Morton Company's budgeted variable manufacturing overhead is $3.00 per direct labor-hour and its budgeted fixed manufacturing overhead is $375,000 per year The company manufactures a single product whose standard direct labor-hours per unit is 3.0 hours. The standard direct labor wage rate is $20 per hour....
Help Save & Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead...
Help Save & Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $96,00 Variable manufacturing overhead per direct labor-hour $ 3.ee Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 1ee $...
Total direct labor-hours 40,000 Total foxed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 150 Direct materials $ 755 Direct labor cost $ 5,000 The total cost for Job P951 is closest to: O $6,205 O $5.755 O $1,565 $6,565
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 101,000 Total fixed manufacturing overhead cost $595,900 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 25 100 $ 840 $10,100...
Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 7,300 65,000 53,100 1,500 $ 370,000 $ 599,000 $ 3.00 - - $ 3.75 Required: 1. Compute the predetermined overhead rate for each department. 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Department Cutting Finishing 12 Direct labor-hours Machine-hours Direct materials Direct labor cost 84 $ 720...
12 Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: 8 01:12:23 Total direct labor-hours 101,000 Total fixed manufacturing overhead cost $595,900 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics: 25 Number of units in the job Total direct labor-hours Direct materials Direct labor cost 100 $...
Data Markup on job cost 75% Milling Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Assembly 60,000 3,000 8,000 80,000 $390,000 $500,000 $2.00 $3.75 Cost summary for Job 407 Department Milling Assembly 90 Machine-hours Direct labor-hours Direct materials Direct labor cost $800 $70 20 $370 $280 Enter a formula into each of the cells marked with a ? below Assembly Step 1: Calculate the estimated total manufacturing overhead...
can
someone please help with this managerial accounting practice
problem i cannot get the right answer.
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour $ 101, ee0 $595,900 3.e0 Recently, Job P951 was completed with the following characteristics: Number of units...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estinated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4, Bee $13,258 $16,950 $30,200 $ 2.70 $ 3.50 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Job O $26, Bee $14,50e $31,480 $12,700 3, see 2,180 1,900 2,200 4,900 4,380 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month 7. Assume that Sweeten Company used cost-plus pricing and a markup...
Dehner Corporation uses a job-order costing system with a single plantwide predetermi predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour Recentų. Job P951 was completed with the following characteristics: 67 227 $ Number of units in the job 25 Total direct labor-hours 100 Direct materials $ 660 Direct labor cost $ 6700 The total job cost for Job P951 is closest to: (Round...
Morton Company's budgeted variable manufacturing overhead is
$3.00 per direct labor-hour and it's budgeted fixed manufacturing
overhead is $375,000 per year
Problem 10A-12 Selection of a Denominator; Overhead Analysis; Standard Cost Card [L010-3, L010-4) Morton Company's budgeted variable manufacturing overhead is $3.00 per direct labor-hour and its budgeted fixed manufacturing overhead is $375,000 per year The company manufactures a single product whose standard direct labor-hours per unit is 3.0 hours. The standard direct labor wage rate is $20 per hour....
Help Save & Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $96,00 Variable manufacturing overhead per direct labor-hour $ 3.ee Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 1ee $...
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