Data Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 Estimated total amount of the allocation base...
| Data | |||
| Allocation base | Machine-hours | ||
| Estimated manufacturing overhead cost | $300,000 | ||
| Estimated total amount of the allocation base | 75,000 | machine-hours | |
| Actual manufacturing overhead cost | $290,000 | ||
| Actual total amount of the allocation base | 68,000 | machine-hours | |
| Computation of the predetermined overhead rate | |||
| Estimated manufacturing overhead cost | ? | ||
| Estimated total amount of the allocation base | ? | machine-hours | |
| Predetermined overhead rate | ? | per machine-hour | |
| Computation of underapplied or overapplied manufacturing overhead | |||
| Actual manufacturing overhead cost | ? | ||
| Manufacturing overhead cost applied to Work in Process during the year: | |||
| Predetermined overhead rate | ? | per machine-hour | |
| Actual total amount of the allocation base | ? | machine-hours | |
| Manufacturing overhead applied | ? | ||
| Underapplied (overapplied) manufacturing overhead | ? | ||
Can you show the equations on how you got the answer?
Homework Answers
| Computation of the predetermined overhead rate | |||
| Estimated manufacturing overhead cost | 300000 | ||
| Estimated total amount of the allocation base | 75000 | machine-hours | |
| Predetermined overhead rate (300000/75000) | 4 | per machine-hour | |
| Computation of underapplied or overapplied manufacturing overhead | |||
| Actual manufacturing overhead cost | 290000 | ||
| Manufacturing overhead cost applied to Work in Process during the year: | |||
| Predetermined overhead rate | 4 | per machine-hour | |
| Actual total amount of the allocation base | 68000 | machine-hours | |
| Manufacturing overhead applied | 272000 | ||
| Underapplied (overapplied) manufacturing overhead | 18000 |
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Data
Allocation base
Machine-hours
Estimated manufacturing overhead cost
$300,000
Estimated total amount of the allocation base...
Chapter 3: Applying Excel Data Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 Estimated total amount...
Chapter 3: Applying Excel Data Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 Estimated total amount of the allocation base 60,000 machine-hours Actual manufacturing overhead cost $290,000 Actual total amount of the allocation base 68,000 machine-hours Enter a formula into each of the cells marked with a ? below Computation of the predetermined overhead rate Estimated manufacturing overhead cost ? Estimated total amount of the allocation base ? machine-hours Predetermined overhead rate ? per machine-hour Computation of underapplied or overapplied...
Where the ? marks are, there needs to be a formula. Thanks! Thanks for the Help...
Where the ? marks are, there needs to be a formula. Thanks!
Thanks for the Help :)
A 1 Chapter 3: Applying Excel 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost 8 Actual total amount of the allocation base 9 10 Enter a formula into each of the cells marked with a ? below Machine-hours $300,000 75,000 machine-hours $290,000 68,000 machine-hours 11 ? machine-hours ?...
4. Change the estimated total amount of the allocation base back to 39,000 machine-hours, so that...
4. Change the estimated total amount of the allocation base back to 39,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $184,800 to $193,500. The data area of your worksheet should now look like this: 1 Chapter 3: Applying Excel 4 5 6 7 8 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 $10,000 $ 1.40 1,500 $15,000 $ 2.20 4,000 $25,000 Job P $13,000 $21,080 Job $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,380 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the...
D E F G H K G#: Copy Formulas A B C 1 Chapter 3: Applying...
D E F G H K G#: Copy Formulas A B C 1 Chapter 3: Applying Excel Name: 2 3 Data 4 Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 6 Estimated total amount of the allocation base 75,000 machine-hours 7 Actual manufacturing overhead cost $290,000 8 Actual total amount of the allocation base 68,000 machine-hours 9 10 Enter a formula into each of the green cells marked with a ? below. Once complete use the "Copy Formula" button. 11...
Given the following data, answer the questions below the table: ------------------------------------------------------------------------------------------------------------------------ Data Allocation base Machine-hours Estimated...
Given the following data, answer the questions below the table: ------------------------------------------------------------------------------------------------------------------------ Data Allocation base Machine-hours Estimated manufacturing overhead cost $220,800 Estimated total amount of the allocation base 46,000 machine-hours Actual manufacturing overhead cost $240,100 Actual total amount of the allocation base 42,000 machine-hours ------------------------------------------------------------------------------------------------------------------------ a) What is the pre-determined overhead rate? b) By how much is the manufacturing overhead underapplied or overapplied? c) Change the estimated total amount of allocation base to 48,000 machine hours, now by how much is...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,95€ $30, 200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job O $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,000 1,900 4,900 2,100 2,200 4,300 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16.950 $30,200 $ 2.70 $ 3.5e 15 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Job o $26,200 $14,500 $31,400 $12,700 3, eee 2,100 1,900 2,200 4,300 4,900 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined...
help me do the journal entry Given Data for Lab 2 This company applies manufacturing overhead...
help me do the journal entry
Given Data for Lab 2 This company applies manufacturing overhead on the basis of machine-hours. Below is information for the most recently completed year of operations. Bellingham Manufacturing, Inc. Estimated total manufacturing overhead cost Estimated total amount of allocation base $ 510,000 75,000 machine-hours Actual total manufacturing overhead cost Actual total machine-hours $ 468,000 72,000 Bellingham Manufacturing, Inc. Manufacturing Overhead Report For the year ended Dec. 31, 2019 Computation of Predetermined Overhead Rate (POHR):...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $10,000 $15,000 $25,000 $ 1.40 $ 2.20 Job Job P $13,000 $21,000 $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,300 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with...
Where the ? marks are, there needs to be a formula. Thanks!
Thanks for the Help :)
A 1 Chapter 3: Applying Excel 3 Data 4 Allocation base 5 Estimated manufacturing overhead cost 6 Estimated total amount of the allocation base 7 Actual manufacturing overhead cost 8 Actual total amount of the allocation base 9 10 Enter a formula into each of the cells marked with a ? below Machine-hours $300,000 75,000 machine-hours $290,000 68,000 machine-hours 11 ? machine-hours ?...
4. Change the estimated total amount of the allocation base back to 39,000 machine-hours, so that the data area of you worksheet looks exactly the same as in Requirement 2. Now change the actual manufacturing overhead cost from $184,800 to $193,500. The data area of your worksheet should now look like this: 1 Chapter 3: Applying Excel 4 5 6 7 8 Data Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base Actual manufacturing overhead cost...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour 2,500 $10,000 $ 1.40 1,500 $15,000 $ 2.20 4,000 $25,000 Job P $13,000 $21,080 Job $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,380 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the...
D E F G H K G#: Copy Formulas A B C 1 Chapter 3: Applying Excel Name: 2 3 Data 4 Allocation base Machine-hours Estimated manufacturing overhead cost $300,000 6 Estimated total amount of the allocation base 75,000 machine-hours 7 Actual manufacturing overhead cost $290,000 8 Actual total amount of the allocation base 68,000 machine-hours 9 10 Enter a formula into each of the green cells marked with a ? below. Once complete use the "Copy Formula" button. 11...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,95€ $30, 200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job O $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,000 1,900 4,900 2,100 2,200 4,300 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16.950 $30,200 $ 2.70 $ 3.5e 15 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total Job P Job o $26,200 $14,500 $31,400 $12,700 3, eee 2,100 1,900 2,200 4,300 4,900 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined...
help me do the journal entry
Given Data for Lab 2 This company applies manufacturing overhead on the basis of machine-hours. Below is information for the most recently completed year of operations. Bellingham Manufacturing, Inc. Estimated total manufacturing overhead cost Estimated total amount of allocation base $ 510,000 75,000 machine-hours Actual total manufacturing overhead cost Actual total machine-hours $ 468,000 72,000 Bellingham Manufacturing, Inc. Manufacturing Overhead Report For the year ended Dec. 31, 2019 Computation of Predetermined Overhead Rate (POHR):...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $10,000 $15,000 $25,000 $ 1.40 $ 2.20 Job Job P $13,000 $21,000 $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 600 2,300 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with...
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