Calculation of total manufacturing overhead cost:
Total variable cost will change with change in hours
Total variable cost at 100000 hours= 40000+100000+10000= 150000
Total variable cost at 80000 hours= 150000*80000/100000= 120000
Total fixed cost will remain same so total fixed cost= 60000+10000+50000= 120000
Total manufacturing overhead= variable cost+fixed cost= 120000+120000= 240000
So correct answer is $240000
New Multiple Choice Question 30 Acompany's planned activity level for next year is expected to be...
Question 2 (1 point) The master budget of Windy Co. shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $720,000 Machine supplies 180,000 Indirect materials 210,000 Depreciation on factory building 150,000 Total manufacturing overhead $1.260,000 A flexible budget for a level of activity of 60,000 machine hours would show total manufacturing overhead costs of $1,482,000 O $1.260,000 $1,512,000 51.362,000
Question 2 TAG Metallic Inc. deals in main products, Metallic Doors and Window Frames. There have been recent concerns about profit fluctuations, and there are concerns whether the products are appropriately costed and priced.TAG Metallic uses a cost margin pricing policy and uses a pre-determined overhead absorption rate based on direct labour hours for Doors and machine hours for Windows. The rate is calculated at the start of the year based on the following information:- Production overhead GHS 1,500,000 Direct...
TOUT JPALL 2019 The master budget of Hamilton Plastics shows that the planned activity level for next year is expected to be 50,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $720,000 Machine supplies 180,000 Indirect materials 210,000 Depreciation on factory building 150.000 Total manufacturing overhead $1.260,000 For a flexible budget, what are total manufacturing overhead costs for a level of activity of 60,000 machine hours? A) $1,482,000. B) $1,512,000. C) $1,362,000....
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,500 machine-hours Variable overhead costs: Supplies $ 11,250 Indirect labor 21,000 Fixed overhead costs: Supervision 15,700 Utilities 5,900 Depreciation 6,900 Total overhead cost $ 60,750 The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 2,400 machine-hours rather than 2,500 machine-hours? Multiple Choice $58,870 $58,320 $59,460 $60,750
LockDown Browser Time Left:0:50:03 Amadou Conde: Attempt 2 Question 2 (1 point) A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs: Variable Fixed $37,500 Indirect $90,000 Depreciation materials 7,500 Indirect labor 120,000 15,000 Taxes 30,000 Supervision Factory supplies A flexible budget prepared at the 90,000 machine hours level of activity would show total manufacturing overhead costs of a) $202,500. b) $277,500....
Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 2,800 machine- hours 3.34 moints $13,440 24,360 8 01:05:49 Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Depreciation Total overhead cost 16,000 6,200 7,200 $67,200 The company's variable overhead costs are driven by machine-hours. What would be the total budgeted overhead cost for next month if the activity level is 2,700 machine-hours rather than 2,800 machine-hours? Multiple Choice 0 $65,230 0 $65,850 0...
TAG Metallic Inc. deals in main products, Metallic Doors and Window Frames. There have been recent concerns about profit fluctuations, and there are concerns whether the products are appropriately costed and priced. TAG Metallic uses a cost margin pricing policy and uses a pre-determined overhead absorption rate based on direct labour hours for doors and machine hours for windows. The rate is calculated at the start of the year based on the following information: -Production overhead GHS 1,500,000Direct labour hours 60,000Machine hours 100,000Set up...
TACT 2101 21 CALCULATOR BACK NEXT Multiple Choice Question 143 Gant Accounting performs two types of services, Audit and Tax Gant's overhead costs consist of computer support, $312000; and legal support, $156000. Information on the two services is: Direct labor cost CPU minutes Legal hours used Audit $50000 40000 200 Tax $100000 10000 800 Overhead applied to audit services using traditional costing is $312000 $156000. $280800. $187200. "Selene Vega" ob 2020 4:01 PM 0.2 KB
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials 33000 inventory Ending work in process inventory 54000 Ending raw materials inventory 17000 Raw materials purchased 850000 Direct labor 440000 Manufacturing overhead 100000 How much is Sheffield's cost of goods manufactured for the year? $866000 $1408000 $1404000 $1406000 O O Crane Company reported the following year-end information: Beginning work in process $32000 inventory Beginning raw materials inventory 14000 Ending work in process inventory 34000...
Multiple Choice Question 147 Gant Accounting performs two types of services, Audit and Tax, Gant's overhead costs consist of computer support, $360000; and legal support, $177000. Information on the two services is: Audit Tax Direct labor cost $50000 $100000 CPU minutes 40000 10000 Legal hours used 200 800 Gant Accounting performs tax services for Cathy Lane. Direct labor cost is $1200; 600 CPU minutes were used; and 1 legal hour was used. What is the total cost of the Lane...