Homework Answers
Predetermined Manufacturing overhead rate = Total fixed overhead/Total machine hours
= 48700/10,000
= $4.87
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Saved Hele Save &Em Almaraz Corporation has two manufacturting departments-Forming and Fintshing The company used the...
Roberts Corporation has two manufacturing departments: Forming and Assembly. The following data were available at the...
Roberts Corporation has two manufacturing departments: Forming and Assembly. The following data were available at the beginning of the year: Forming 7,000 Assembly 3,000 Estimated total labor hours $40,600 $12,900 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per labor hour $1.30 $2.80 If the company uses a single plantwide predetermined overhead rate based on labor hours, then what is the predetermined overhead rate at Roberts? $4.10 per labor hour $4.87 per labor hour O $6.62 per labor hour...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Cac tugingement and stoper ME Forming Customizing 4,000 6,000 $ 8,000 $15,000 $ 3.00 $ 6.00 Total 10,000 $23,000 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Forming Customizing Total Estimated total machine-hours (MHs) 2,000 8,000 10,000 Estimated total fixed manufacturing overhead cost $ 6,400 $ 20,800 $ 27,200 Estimated variable manufacturing overhead cost per MH $ 1.50 $ 3.00 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Job C...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Forming Customizing Total Estimated total machine-hours (MHs) 3,000 7,000 10,000 Estimated total fixed manufacturing overhead cost $ 10,500 $ 18,200 $ 28,700 Estimated variable manufacturing overhead cost per MH $ 1.00 $ 2.00 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Job C...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Forming Customizing Total Estimated total machine-hours (MHs) 6,000 4,000 10,000 Estimated total fixed manufacturing overhead cost $ 20,400 $ 9,600 $ 30,000 Estimated variable manufacturing overhead cost per MH $ 2.50 $ 5.00 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Job C...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Forming Customizing Total Estimated total machine-hours (MHs) 2,000 3,000 5,000 Estimated total fixed manufacturing overhead cost $ 28,000 $ 6,600 $ 34,600 Estimated variable manufacturing overhead cost per MH $ 1.50 $ 3.00 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Job C...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Forming Customizing Total Estimated total machine-hours (MHs) 6,000 4,000 10,000 Estimated total fixed manufacturing overhead cost $ 16,800 $ 9,200 $ 26,000 Estimated variable manufacturing overhead cost per MH $ 2.00 $ 4.00 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Job C...
Hultquist Corporation has two manufacturing departments --Forming and Customizing. The company used the following data at...
Hultquist Corporation has two manufacturing departments --Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming Customizing 3,000 7,000 $10,800 $15,400 $ 1.00 $ 2.00 Total 10,000 $26,200 During the period, the company started and completed two jobs --Job C and Job L. Data concerning those two jobs follow: Direct materials Direct...
Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 5,000 $10,500 $ 2.00 Customizing 5,000 $15,000 $ 4.00 Total 10,000 $25,500 During the period, the company started and completed two jobs-Job C and Job L. Data concerning those twojobs follow: Direct materials Direct labor cost Forming...
Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 6,000 $ 24,000 $ 1.00 Customizing 4,000 $10,400 $ 2.00 Total 10,000 $34,400 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Direct materials Direct labor...
Roberts Corporation has two manufacturing departments: Forming and Assembly. The following data were available at the beginning of the year: Forming 7,000 Assembly 3,000 Estimated total labor hours $40,600 $12,900 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per labor hour $1.30 $2.80 If the company uses a single plantwide predetermined overhead rate based on labor hours, then what is the predetermined overhead rate at Roberts? $4.10 per labor hour $4.87 per labor hour O $6.62 per labor hour...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Cac tugingement and stoper ME Forming Customizing 4,000 6,000 $ 8,000 $15,000 $ 3.00 $ 6.00 Total 10,000 $23,000 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs...
Hultquist Corporation has two manufacturing departments --Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming Customizing 3,000 7,000 $10,800 $15,400 $ 1.00 $ 2.00 Total 10,000 $26,200 During the period, the company started and completed two jobs --Job C and Job L. Data concerning those two jobs follow: Direct materials Direct...
Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 5,000 $10,500 $ 2.00 Customizing 5,000 $15,000 $ 4.00 Total 10,000 $25,500 During the period, the company started and completed two jobs-Job C and Job L. Data concerning those twojobs follow: Direct materials Direct labor cost Forming...
Hultquist Corporation has two manufacturing departments-Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 6,000 $ 24,000 $ 1.00 Customizing 4,000 $10,400 $ 2.00 Total 10,000 $34,400 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Direct materials Direct labor...
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