Sunland Manufacturing thinks that the best activity base for its manufacturing overhead is machine hours. The...
Sunland Manufacturing thinks that the best activity base for its manufacturing overhead is machine hours. The estimate of annual overhead costs is $720000. The company used 1000 hours of processing for Job A15 during the period and incurred actual overhead costs of $740000. The budgeted machine hours for the year totaled 20000. What amount of manufacturing overhead should be applied to Job A15?
A. $36000.
B. $740.
C. $720.
D. $37000.
Homework Answers
Predetermined overhead rate=Estimated overhead/Estimated machine hours
=(720000/20000)=$36 per machine hour
Hence applied overhead=$36 per machine hour*1000
=$36000
Add Answer to:
Sunland Manufacturing thinks that the best activity base for its
manufacturing overhead is machine hours. The...
Vaughn Manufacturing thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Vaughn Manufacturing thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1350000. The company used 1000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $1400000. The budgeted machine hours for the year totaled 20000. How much overhead should be applied to Job No. B12? $70000 $1400 $67500 $1350
Marigold Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Marigold Corp. thinks machine hours is the best activity base
for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $1550000. The company used 1000 hours of
processing on Job No. B12 during the period and incurred overhead
costs totaling $1600000. The budgeted machine hours for the year
totaled 20000. How much overhead should be applied to Job No.
B12?
$80000
$77500
$1600
$1550
Marigold Corp. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Marigold Corp. thinks machine hours is the best activity base
for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $1550000. The company used 1000 hours of
processing on Job No. B12 during the period and incurred overhead
costs totaling $1600000. The budgeted machine hours for the year
totaled 20000. How much overhead should be applied to Job No.
B12?
Sheridan Company manufactures customized desks. The following
pertains to Job No. 953:
Direct materials used
$31800...
Starlight, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Starlight, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $4,200,000. The company used 3,000 hours of processing on Job No. E20 during the period and incurred overhead costs totaling $4,620,000. The budgeted machine hours for the year totaled 210,000. How much overhead should be applied to Job No. E20? O $60,000 $6,000 O $420,000 O $66,000 Question 11 5 pts ΙΑΙ 3
Clinton Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate...
Clinton Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1,175,000. The company used 1,500 hours of processing on Job No. 12 during the period and incurred overhead costs totaling $1,200,000. The budgeted machine hours for the year totaled 25,000 How much overhead should be applied to Job No. 12? Select one: A. $70,500 B. $1,000 C. $56,400 D. $979 E. None of the above During...
HiTech, Inc. selected machine hours as the activity base. The estimate of annual overhead costs for...
HiTech, Inc. selected machine hours as the activity base. The estimate of annual overhead costs for its jobs was $1,175,000. The company used 1,200 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $1,200,000. The budgeted machine hours for the year totaled 25,000. As such, how much overhead should be applied to Job No. B12? Select one: a. $56,400 b. $ 979 c. $58,800 d. $ 1,000 e. $57,600
Graham Manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead...
Graham Manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts for 2019 for the company and for Job 62: Direct materials Direct labor Manufacturing overhead costs Machine hours Company Job 62 $60,000 $4,500 $25,000 $2,500 $72,000 90,000 1,350 During 2019, the actual machine-hours totaled 95,000, and actual overhead costs were $71,000. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Predetermined...
Martin Company applies manufacturing overhead based on direct machine hours. Martin estimates manufacturing overhead and labor...
Martin Company applies manufacturing overhead based on direct machine hours. Martin estimates manufacturing overhead and labor for the year follows: Estimated manufacturing overhead $120,000 Direct labor hours estimated 5,000 Estimated direct labor costs $50,000 Estimated machine hours 6,000 Assuming the actual manufacturing overhead cost and the actual activities for Job 201 is as follows: Actual manufacturing overhead $ 12,000 Direct labor hours actual incurred 300 Actual direct labor costs totaled $ 9,800 Actual machine hours totaled 400 Instructions (a) Compute...
Application of Overhead Budgeted Total Manufacturing Overhead for 2020 =$400,000 Budgeted Total Machine hours for 2020=50,000...
Application of Overhead Budgeted Total Manufacturing Overhead for 2020 =$400,000 Budgeted Total Machine hours for 2020=50,000 POHR= ? Actual Use of Machine Hours for Two jobs were as follows: Job #1 machine hours-1600 hours Job #2 machine hours-1000 hours Total machine hours=? What is the Manufacturing Overhead Applied for each job? What is the Total Manufacturing Overhead Applied? Show ALL work
Ronda Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead....
Ronda Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead. Last year, Ronda incurred $840,000 of fixed manufacturing overhead and generated a $42,000 favorable fixed manufacturing overhead budget variance. The following data relate to last year’s operations: Denominator activity level in machine-hours 21,000 Standard machine-hours allowed for actual output 20,000 Actual number of machine-hours incurred 22,050 What amount of total fixed manufacturing overhead cost did Ronda apply to production last year? Multiple Choice: A)...
Marigold Corp. thinks machine hours is the best activity base
for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $1550000. The company used 1000 hours of
processing on Job No. B12 during the period and incurred overhead
costs totaling $1600000. The budgeted machine hours for the year
totaled 20000. How much overhead should be applied to Job No.
B12?
$80000
$77500
$1600
$1550
Marigold Corp. thinks machine hours is the best activity base
for its manufacturing overhead. The estimate of annual overhead
costs for its jobs was $1550000. The company used 1000 hours of
processing on Job No. B12 during the period and incurred overhead
costs totaling $1600000. The budgeted machine hours for the year
totaled 20000. How much overhead should be applied to Job No.
B12?
Sheridan Company manufactures customized desks. The following
pertains to Job No. 953:
Direct materials used
$31800...
Starlight, Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $4,200,000. The company used 3,000 hours of processing on Job No. E20 during the period and incurred overhead costs totaling $4,620,000. The budgeted machine hours for the year totaled 210,000. How much overhead should be applied to Job No. E20? O $60,000 $6,000 O $420,000 O $66,000 Question 11 5 pts ΙΑΙ 3
Clinton Inc. thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $1,175,000. The company used 1,500 hours of processing on Job No. 12 during the period and incurred overhead costs totaling $1,200,000. The budgeted machine hours for the year totaled 25,000 How much overhead should be applied to Job No. 12? Select one: A. $70,500 B. $1,000 C. $56,400 D. $979 E. None of the above During...
Graham Manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts for 2019 for the company and for Job 62: Direct materials Direct labor Manufacturing overhead costs Machine hours Company Job 62 $60,000 $4,500 $25,000 $2,500 $72,000 90,000 1,350 During 2019, the actual machine-hours totaled 95,000, and actual overhead costs were $71,000. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) Predetermined...
Most questions answered within 3 hours.
-
Write a public static method named
getMaxOf2Ints that takes in 2 int arguments and
returns the...
asked 21 minutes ago -
How will manager's behaviour change towards team members
as there would be a more cordial relationship...
asked 26 minutes ago -
You may need to use the appropriate appendix table or technology
to answer this question.
Consider...
asked 41 minutes ago -
The U.S. textile industry has had difficulty competing with
foreign imports in the past. If the...
asked 33 minutes ago -
A reaction that produces ammonia is shown below. How does the
catalyst used in the industrial...
asked 53 minutes ago -
JAVA CODE Beginner. please use if, else if or switch
statements, but don't use arrays, please ...
asked 37 minutes ago -
On December 1, Year 1, Bradley Corporation incurs a 15-year
$200,000 mortgage liability in conjunction with...
asked 39 minutes ago -
- Perform Add round Key operation for the below
input =
A1
10
24
57
1F...
asked 41 minutes ago -
(IN JAVA)
Legend says that this problem was originated either by Buddhist
monks, Brahman priests, or...
asked 43 minutes ago -
1.
where is the location of the electron transport chain?
a. mitochondrial matrix
b. mitochondrial inner...
asked 50 minutes ago -
Define a class Student. Your Student class should store name,
gpa, and age. In your Student...
asked 51 minutes ago -
In understanding the traditional ideological spectrum, which of
the following is true?
Socialism calls for a...
asked 59 minutes ago