Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Question

Question

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the tolowing estimates Machine-hours required to support estimated production Fxed 159,000 659,000 4.00 overhead oost Required 1 Compute the predelemined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. per MH 2 During the year Job 500 was stared and completed. The following information was available with respect to this job 310 Dreat labor cost Machine hours used S220 37 Compute the total manufacturing cost assigned to Job 500 (Round your intermediate calculations and inal answer to 2 decimal places

media%2F185%2F1855b75e-688e-4dbd-8ecd-0b

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Add a comment

Answer 2

Similar Homework Help Questions

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour $ $ 153,000 651,000 4.50 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predetermined overhead rate per MH 2. During the year Job 500 was started...
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 153,000 Fixed manufacturing overhead cost $ 659,000 Variable manufacturing overhead cost per machine-hour $ 4.40 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. During the year Job 500 was started and completed. The following information was...
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 155,000 Fixed manufacturing overhead cost $ 656,000 Variable manufacturing overhead cost per machine-hour $ 4.80 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. During the year Job 500 was started and completed. The following...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine hours....

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine hours. At the beginning of the year, the company made the following estimates: Machine hours requred to support estimated production Fixed manufacturing overhead cost Vanabio manufacturing overhead cost per machine-hour 150.000 654,000 $ 420 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predetermined overhead I per MH 2. During the year Job 500 was...
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour $ 156,000 658,000 4.30 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predetermined overhead rate Predetermined overhead per MH 2. During the year Job 500 was...
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour S $ 154,000 654,000 4.90 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predetermined overhead rate per MH 2. During the year Job 500 was started...

Kody Corporation uses a jpb-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a jpb-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following esimates 159,000 Machine hours required to support estimated production Fixed manufacturing overhead cost 3 650.000 4.90 ariabl mandactuing overthead cot per machine hour Required: 1. Compute the predetermined overhead rate. (De not round intermediate cafoalations. Round your answer to 2 decimal places) per MH
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 150,000 Fixed manufacturing overhead cost $ 653,000 Variable manufacturing overhead cost per machine-hour $ 4.90 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. During the year Job 500 was started and completed. The following information...
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 157,000 Fixed manufacturing overhead cost $ 653,000 Variable manufacturing overhead cost per machine-hour $ 4.20 Required: 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. During the year Job 500 was started and completed. The...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 152,000 S 655,000 $ 4.70 Required: 1. Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per MH 2. During the year Job 500 was started and completed. The following information...

Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At...

Homework Answers