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Answer
| Hours | Rate | Estimated Cost [Hours x Rate] | |
| Material | $0 | $0 | |
| Direct Labor | 320 | $74 | $23,680 |
| Overhead cost | 320 | $77 | $24,640 |
| Total estimated Cost | $48,320 | ||
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I need help with the whole question with a solution and
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I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and explanation
Please and Thank you.
Chapter 15 Homework i Saved Help Save & Exit Submit Check my work On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 51% of direct materials costs. During the month, the jobs used direct materials as shown below. 4.44 points Job 1 Job 2...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work At the beginning of the year, a company predicts total overhead costs of $633,600. The company applies overhead using machine hours and estimates it will use 1,440 machine hours during the year. What amount of overhead should be applied to Job 65A if that job uses 17 machine hours during January? 4.44...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and explanation
Please and Thank you.
Chapter 15 Homework Help Save & Exit Submit Check my work A company estimates the following manufacturing costs for the next period: direct labor, $500,000; direct materials, $196,000, and factory overhead, $126,000. 4.44 points Required: 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its overhead cost as a percent of direct materials. eBook Print Complete this question by...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110%...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework i Help Save & Exit Submit Check my work EcoSkate makes skateboards from recycled plastic. For a recent job lot of 125 skateboards, the company incurred direct materials costs of $1,150 and direct labor costs of $250. Overhead is applied using a rate of 150% of direct materials costs. 4.48 points Required: a. What is the total manufacturing cost of this...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Help Save & Exit Submit Check my work At the beginning of a year, a company predicts total direct materials costs of $1,090,000 and total overhead costs of $1,210,000. If the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year? 4.44 points Predetermined overhead rate Choose...
An advertising agency is estimating costs for advertising a music festival. The job will require 200...
An advertising agency is estimating costs for advertising a music festival. The job will require 200 direct labor hours at a cost of $50 per hour. Overhead costs are applied at a rate of $65 per direct labor hour. What is the total estimated cost for this job? JOB COST SHEET Hours Rate Estimated Cost Materials 0.00 Total estimated cost Prepare summary journal entries to record the following transactions for a company in its first month of operations. a. Raw...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 49% of direct materials costs. During the month, the jobs used direct materials as shown below. Compute the amount of overhead applied to...
I need help with the whole question with a solution and explanation Please and Thank you....
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work Indicate each item a through e below as a feature of either a job order or process operation. 4.44 points a. High production volume b. High product flexibility c. High standardization d. Custom orders e. Low product flexibility eBook Print References
An advertising agency used 65 hours of direct labor in creating advertising for a music festival....
An advertising agency used 65 hours of direct labor in creating advertising for a music festival. Direct labor costs $50 per hour. The agency applies overhead at a rate of $40 per direct labor hour. Prepare journal entries to record the agency's direct labor and the applied overhead costs for this job.
I need help with the whole question with a solution and explanation
Please and Thank you.
Chapter 15 Homework i Saved Help Save & Exit Submit Check my work On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 51% of direct materials costs. During the month, the jobs used direct materials as shown below. 4.44 points Job 1 Job 2...
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work At the beginning of the year, a company predicts total overhead costs of $633,600. The company applies overhead using machine hours and estimates it will use 1,440 machine hours during the year. What amount of overhead should be applied to Job 65A if that job uses 17 machine hours during January? 4.44...
I need help with the whole question with a solution and explanation
Please and Thank you.
Chapter 15 Homework Help Save & Exit Submit Check my work A company estimates the following manufacturing costs for the next period: direct labor, $500,000; direct materials, $196,000, and factory overhead, $126,000. 4.44 points Required: 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its overhead cost as a percent of direct materials. eBook Print Complete this question by...
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110%...
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework i Help Save & Exit Submit Check my work EcoSkate makes skateboards from recycled plastic. For a recent job lot of 125 skateboards, the company incurred direct materials costs of $1,150 and direct labor costs of $250. Overhead is applied using a rate of 150% of direct materials costs. 4.48 points Required: a. What is the total manufacturing cost of this...
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Help Save & Exit Submit Check my work At the beginning of a year, a company predicts total direct materials costs of $1,090,000 and total overhead costs of $1,210,000. If the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year? 4.44 points Predetermined overhead rate Choose...
An advertising agency is estimating costs for advertising a music festival. The job will require 200 direct labor hours at a cost of $50 per hour. Overhead costs are applied at a rate of $65 per direct labor hour. What is the total estimated cost for this job? JOB COST SHEET Hours Rate Estimated Cost Materials 0.00 Total estimated cost Prepare summary journal entries to record the following transactions for a company in its first month of operations. a. Raw...
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies overhead to each job (dress) at the rate of 49% of direct materials costs. During the month, the jobs used direct materials as shown below. Compute the amount of overhead applied to...
I need help with the whole question with a solution and
explanation Please and Thank you.
Chapter 15 Homework Saved Help Save & Exit Submit Check my work Indicate each item a through e below as a feature of either a job order or process operation. 4.44 points a. High production volume b. High product flexibility c. High standardization d. Custom orders e. Low product flexibility eBook Print References
An advertising agency used 65 hours of direct labor in creating advertising for a music festival. Direct labor costs $50 per hour. The agency applies overhead at a rate of $40 per direct labor hour. Prepare journal entries to record the agency's direct labor and the applied overhead costs for this job.
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