Homework Answers
Answer
B ) 165.75 per machine hour
computation of manufacturing overhead rate
= annual manufacturing overhead / annual machine hours
= 7293000 / 44000
= 165.75
Add Answer to:
Coopers Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers....
Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers....
Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers. Cooper's Bags Company sells the bags in cases of 1,600 bags. The bags come in three sizes: Large, Medium, and Small. Currently, Cooper's Bags Company uses a single plantwide overhead rate to allocate its $7,566,000 of annual manufacturing overhead. Of this amount, $2,150,000 is associated with the Large Bag line, $3,420,000 is associated with the Medium Bag line, and $1,996,000 is associated with the...
in cases of 1,600 bags. The bags come in three sizes: Large, Medium, and Cooper's Bags...
in cases of 1,600 bags. The bags come in three sizes: Large, Medium, and Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers. Cooper's Bags Company sells the bags i Small. Currently, Coopers Bags Company uses a single plant- wide overhead rate to allocate its $8,612,000 of annual manufacturing overhead. Of this amount $2250,000 s associated with the Medium Bag line, and $2,945,000 is associated with the Small Bag line Cooper's Bags Company...
EZ Carry Corp. is the maker of high quality golf bags. The company currently has three...
EZ Carry Corp. is the maker of high quality golf bags. The company currently has three different lines of bags, which it sells to sporting goods stores and golf shops throughout the world. EZ Carry sells a constant mix of 4 small bags for each medium-sized bag and 5 medium bags for each large-sized bag. Total fixed costs for the year are expected to be $2.027.544. Small Selling price per bag $100 Variable cost per bag $ 40 Medium $170...
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop...
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upcoming quarter. The following data have been gathered. Projected sales in units 1,170 cases Selling price per case $ 240 Inventory at the beginning of the quarter 150 cases Target inventory at the end of the quarter 100 cases Direct labor hours needed to produce one case 2 hours Direct labor wages $ 10 per hour Direct materials cost per...
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop...
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upcoming quarter. The following data have been gathered. Projected sales in units 1,910 cases Selling price per case $ 240 Inventory at the beginning of the quarter 150 cases Target inventory at the end of the quarter 100 cases Direct labor hours needed to produce one case 2 hours Direct labor wages $ 10 per hour Direct materials cost per...
Thompson Foods processes bags of organic frozen fruits sold at specialty grocery stores Click the loon...
Thompson Foods processes bags of organic frozen fruits sold at specialty grocery stores Click the loon to view additional information) Read the reviret Requirement 1. How much variable overhead would have been allocated to production? How much foed overhead would have been allocated to production? The variable overhead allocated to production is $ 31,125 Now determine the fixed overhead allocated to production The fxed overhead allocated to production is $ 697 200 Requirement 2. Compute the variable MOH rate variance...
Need A - D Mercury Bag Company produces cases of grocery bags. The managers at Mercury...
Need A - D
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upc quarter. The following data have been gathered. Projected sales in units Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct materials cost per case Variable manufacturing overhead cost per case Fixed overhead costs for...
Exercise 23.3 Production Budgets (LO23-4, LO23-5) Mercury Bag Company produces cases of grocery bags. The managers...
Exercise 23.3 Production Budgets (LO23-4, LO23-5) Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upcoming quarter. The following data have been gathered. Projected sales in units Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct materials cost per case Variable manufacturing overhead cost per case Fixed overhead...
Wright Foods processes bags of organic frozen fruits sold at specialty grocery stores. Click the icon...
Wright Foods processes bags of organic frozen fruits sold at specialty grocery stores. Click the icon to view additional information.) Read the requirements. Begin by determing the formula for the variable MOH rate variance, then calculate the variable overhead rate variance. (Enter the result as a positive number. Enter rates to two decimal places. Label the variance as favorable (F) or unfavorable (U).) Variable overhead rate variance ) = This variance tells managers that Wright Foods actually incurred on variable...
Can't figure out the VO FMO and MC/U Mercury Bag Company produces cases of grocery bags....
Can't figure out the VO FMO and MC/U
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the up quarter. The following data have been gathered. $ Projected sales in units Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct materials cost per case Variable manufacturing overhead cost per...
Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers. Cooper's Bags Company sells the bags in cases of 1,600 bags. The bags come in three sizes: Large, Medium, and Small. Currently, Cooper's Bags Company uses a single plantwide overhead rate to allocate its $7,566,000 of annual manufacturing overhead. Of this amount, $2,150,000 is associated with the Large Bag line, $3,420,000 is associated with the Medium Bag line, and $1,996,000 is associated with the...
in cases of 1,600 bags. The bags come in three sizes: Large, Medium, and Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers. Cooper's Bags Company sells the bags i Small. Currently, Coopers Bags Company uses a single plant- wide overhead rate to allocate its $8,612,000 of annual manufacturing overhead. Of this amount $2250,000 s associated with the Medium Bag line, and $2,945,000 is associated with the Small Bag line Cooper's Bags Company...
EZ Carry Corp. is the maker of high quality golf bags. The company currently has three different lines of bags, which it sells to sporting goods stores and golf shops throughout the world. EZ Carry sells a constant mix of 4 small bags for each medium-sized bag and 5 medium bags for each large-sized bag. Total fixed costs for the year are expected to be $2.027.544. Small Selling price per bag $100 Variable cost per bag $ 40 Medium $170...
Thompson Foods processes bags of organic frozen fruits sold at specialty grocery stores Click the loon to view additional information) Read the reviret Requirement 1. How much variable overhead would have been allocated to production? How much foed overhead would have been allocated to production? The variable overhead allocated to production is $ 31,125 Now determine the fixed overhead allocated to production The fxed overhead allocated to production is $ 697 200 Requirement 2. Compute the variable MOH rate variance...
Need A - D
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upc quarter. The following data have been gathered. Projected sales in units Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct materials cost per case Variable manufacturing overhead cost per case Fixed overhead costs for...
Exercise 23.3 Production Budgets (LO23-4, LO23-5) Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the upcoming quarter. The following data have been gathered. Projected sales in units Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct materials cost per case Variable manufacturing overhead cost per case Fixed overhead...
Wright Foods processes bags of organic frozen fruits sold at specialty grocery stores. Click the icon to view additional information.) Read the requirements. Begin by determing the formula for the variable MOH rate variance, then calculate the variable overhead rate variance. (Enter the result as a positive number. Enter rates to two decimal places. Label the variance as favorable (F) or unfavorable (U).) Variable overhead rate variance ) = This variance tells managers that Wright Foods actually incurred on variable...
Can't figure out the VO FMO and MC/U
Mercury Bag Company produces cases of grocery bags. The managers at Mercury are trying to develop budgets for the up quarter. The following data have been gathered. $ Projected sales in units Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct materials cost per case Variable manufacturing overhead cost per...
Most questions answered within 3 hours.
-
The random variable X is exponentially distributed, where X
represents the time it takes for a...
asked 7 minutes ago -
a) Write a verilog module for 1:4 Demultiplexer using verilog
primitives.
b) Design 1-to-4 DEMUX using...
asked 2 minutes ago -
MATLAB
write a MATLAB function (1) output a third-order polynomial
function with the coefficients as the...
asked 14 minutes ago -
A z-score
communicates a raw score’s "relative standing"
under the normal curve in relation to:
asked 23 minutes ago -
An object is vibrating on a spring with the following equation
of motion:
?=(30 ??)cos((2?)/(160)?)
a)...
asked 22 minutes ago -
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively...
asked 25 minutes ago -
If organizations do not adapt fast enough and move incrementally
from the twentieth-century model to the...
asked 26 minutes ago -
A helium balloon with 2.5L of gas has a gauge pressure of 10,000
Pa. The balloon...
asked 30 minutes ago -
What is responsible for Jupiter's enormous magnetic field?
asked 45 minutes ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 46 minutes ago -
Implement C++ program for each of the following.
Let D = [-48, -14, -8, 0, 1,...
asked 1 hour ago -
Consider a labor market in which LD = 400 – 4W and LS = 250 +...
asked 1 hour ago