11)Answer B $ 630,000 is Correct
Answer
EXplanation:
Total variable manufacturing overhead = Estimated total machine
hours * Variable manufacturing
Estimated total manufacturing overhead = Total Fixed manufacturing
overhead cost + Total variable
Manufacturing overhead = 357,000 + 273,000 = $630,000
Answer is $ 630,000
12)Anwer B 60% is Correct Answer
EXplanation:
Variable expense ratio=Variable expense/Sales
which is equal to
(192000/320,000)
which is equal to
=60%
11) Pembroke Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based...
Laflame Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 70,000 $357,000 $ 3.99 The estimated total manufacturing overhead is closest to: Multiple Choice o $630,000 o $357,000 o $273,000 o $357,004
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 40,000 $344,000 $ 3.90 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to (Round your intermediate calculations to 2 decimal places.) Multiple Choice $516 $984...
Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine- hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine hour 80,000 $312,000 $ 2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job Total machine-hours 50 200 The predetermined overhead rate is closest to: Multiple Choice o $8.10...
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 40,000 Total fixed manufacturing overhead cost $ 344,000 Variable manufacturing overhead per machine-hour $ 3.90 Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.) Garrison 16e Rechecks...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour 31,000 $310,000 $ 4.00 Recently, Job T587 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 730 $1,460 The total job cost...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 96,000 Total fixed manufacturing overhead cost $499,200 Variable manufacturing overhead per direct labor-hour $ 2.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 100 100 $ 640 $9,600 The...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 30,900 $154,500 $ 3.80 Recently, Job T687 was completed with the following characteristics Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $1,480 The amount of...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 30,000 Total fixed manufacturing overhead cost $ 252,000 Variable manufacturing overhead per machine-hour $ 2.10 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 Direct materials $ 675 Direct labor cost $ 1,050 The amount of...
Dehner Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data Total direct labor-hours 70,000 Total fixed manufacturing overhead cost $273,000 Variable manufacturing overhead per direct labor-hour $ 6.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 50 Total direct labor-hours 100 Direct materials Direct labor cost $7,000 The...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 31,000 $310,000 $4.00 Recently, Job T687 was completed with the following characteristics: 10 30 Number of units in the job Total machine-hours Direct materials Direct labor cost $730 $1,460 The amount of overhead applied to Job...