What are the calculations for solving C and D?
c. Predetermined overhead rate = (79200+60000)/(8000+9000)
= $8.19 per DLH
d. Applied Factory overhead = 8.19*(8100+9100)
= $140868
What are the calculations for solving C and D? 4. Minjae Company uses departmental manufacturing overhead...
What are the calculations to solving part B?
4. Minjae Company uses departmental manufacturing overhead rates to apply overhead. Direct labor cost is used to apply manufacturing overhead in Department A and machine hours are used for Department B. Below are estimated costs for Miniae Company Direct Labor Cost Factory Overhead Direct Labor Hours Machine Hours Dept. A $66,000 $79,200 8,000 4.000 Dept. B $33,000 $60,000 9,000 15.000 | Actual costs are given below: Direct Labor Cost Factory Overhead Direct...
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4. Miniae Company uses departmental manufacturing overhead rates to apply overhead. Direct labor cost is used to apply manufacturing overhead in Department A and machine hours are used for Department B. Below are estimated costs for Miniae Company Direct Labor Cost Factory Overhead Direct Labor Hours Machine Hours Dept. A $66,000 $79,200 8,000 4,000 Dept. B $33,000 $60,000 9,000 | 15,000 ial costs are given below: Direct Labor Cost Factory Overhead...
Question 9 8 pts 1. The Collins Company uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor costs in Dept. A and machinebours in Dept. B. at the beginning of the year, the company made the following estimates: Dept.A Dept. B Direct Labor cost........................ $65,000 $42.000 Manufacturing overhead..................$91,000 $48,000 Direct Labor-hours.......................8,000 hours 10,000 hours Machine hours........................... 3,000 hours 12.000 hours a. What is the predetermined overhead rate for department A? b....
What are the calculations for part B and C?
2. The Kuruvilla Company predicted factory overhead for 2020 and 2021 would be $120,000 for 2021 would be $100,000. The predicted activity for 2020 and 2021 were 30,000 and 20,000 direct labor hours, respectively. Additional data are as follows: 2020 2021 Sales in units 25.000 25.000 Production in units 31.000 18.000 Selling price per unit $20 $20 Direct materials per unit $9 $9 Direct Labor per unit $10 $10 The actual...
Convert Departmental Data to Plantwide Data, Plantwide Overhead Rate, Apply Overhead to Production At the beginning of the year, Hallett Company estimated the following: Cutting Department Sewing Department Total Overhead $240,000 $350,000 $590,000 Direct labor hours 31,200 100,000 131,200 Machine hours 150,000 150.000 Assume that Hallett has decided to use a plantwide overhead rate based on direct labor hours. Actual data for the month of June are as follows: Cutting Department Sewing Department Total Overhead $20.610 $35,750 $56,360 Direct labor...
The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. A and on machine-hours in Dept. B. At the beginning of the year, the Corporation made the following estimates: Direct labor cost Manufacturing overhead Direct labor-hours Machine-hours Dept. A Dept. B $60,000 $40,000 $90,000 $45,000 6,000 9,000 2,000 15,000 What predetermined overhead rates would be used in Dept. A and Dept. B, respectively? Multiple Choice...
Convert Departmental Data to Plantwide Data, Plantwide Overhead Rate, Apply Overhead to Production At the beginning of the year, Hallett Company estimated the following: Cutting Department Sewing Department Total Overhead $244,500 $350,000 $594,500 Direct labor hours 31,200 100,000 131,200 Machine hours 150,000 150,000 Assume that Hallett has decided to use a plantwide overhead rate based on direct labor hours. Actual data for the month of June are as follows: Cutting Department Sewing Department Total Overhead $20,610 $35,750 $56,360 Direct labor...
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Convert Departmental Data to Plantwide Data, Plantwide Overhead Rate, Apply Overhead to Production At the beginning of the year, Badger Company estimated the following: Cutting Department Sewing Department Total Overhead $828,000 $378,000 131,200 $450,000 200,000 Direct labour hours 331,200 Machine hours 210,000 210,000 Badger has decided to use a plantwide overhead rate based on direct labour hours. Actual data for the month of June are as follows: Cutting Department Sewing Department Total Overhead $32,612 $68,362 $35,750 16,000 Direct labour...
Predetermined Overhead Rates, Overhead Variances, Unit Costs Primera Company produces two products and uses a predetermined overhead rate to apply overhead. Primera currently applies overhead using a plantwide rate based on direct labor hours. Consideration is being given to the use of departmental overhead rates where overhead would be applied on the basis of direct labor hours in Department 1 and on the basis of machine hours in Department 2. At the beginning of the year, the following estimates are...
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The Watts Company uses predetermined overhead rates to y manufacturing overhead to jobs the predetermined overhead rate is based on labor cost in Dept A and on machine hours in Dept. 8. At the beginning of the year, the company made the following estimates: Dept. A Dept. B Direct Labor Cost $30,000 $40,000 Manufacturing Overhead 60.000 50,000 Direct Labor Hours 6,000 8.000 Machine Hours 10,000 2,000 What predetermined overhead rates would be used in Dept. A and Dept. 8....