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If you could please explain how you get the answers it would
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LO3 E2-6A. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2019: MBC ...... Materials inventory, January 1 .... Materials inventory, December 31..... Work-in-process inventory, January 1....... Work-in-process inventory, December 31 .. Finished goods inventory, January 1.. Finished goods inventory, December 31. Net delivered cost of materials purchased....
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If you could please explain how you get the answers it would
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E5-4B. Stage Two ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: LO2 Activity Cost Pool Activity Cost Activity Cost Driver Machine setup Materials handling Machine operation $720,000 120,000 12,000 setup hours 3,000 tons of materials 10,000 machine hours 680,000 The following data are for the production of...
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please help asap
Support Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc, anticipates the following costs, expenses, and operating data: Direct material(15.000 Director 512 120.000 Indirect material 7000 Indrea labor Sales commissions 18.000 Factory administration 1300 Non factory administrative expenses 1400 Other manufacturing overhead 28.000 Machine hours are 30 000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direct labor hours, (2)...
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answer it would really help me
52-4A. Prime Cost and Conversion Cost Piper Consulting Company incurred the following during 2019: LO2 SERVICE AND MERCHANDISING Somewort MBC Direct labor..... Overhead ...................... ............. Selling expenses ..... Administrative expenses..................... $ 45,000 90,000 40,000 100,000 Calculate prime cost and conversion cost for Piper Consulting Company during 2019. Product Cost Flows Number the following activities from 1 to 5 in the order corresponding to the LO2,...
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homework help i need to learn this for my exam
Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating data: Direct material (15,000 lb.) $45.000 Direct labor(512/hr.) 96,000 Indirect material 7,000 Indirect labor 12.000 Sales commissions 18.000 Factory administration 13.000 Non factory administrative expenses 14,000 Other manufacturing overhead 28.000 "Machine hours are 30,000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of...
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Exercise B: Calculate and Use Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating date related to Job 128: Direct material (15,000 lb.) Direct labor (@ $12 per hour) $45,000 $96,000 Indirect material $7,000 Indirect labor $12,000 Sales commissions $18,000 Factory administration $13,000 Non-factory administration expenses $14,000 Other manufacturing overhead * $28,000 *Machine hours are 30,000. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application...
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If you could please explain how you get the answers it would
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03 E2-6B. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fic year, Kelly Metal Products Corporation collected the following data for 2019: Materials inventory, January 1 ...... Materials inventory, December 31 .. Work-in-process inventory, January 1 ..... Work-in-process inventory, December 31 ..... Finished goods inventory, January 1 ..... Finished goods inventory, December 31 ...... Net delivered cost...
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Homestead Company anticipates that they
will incur the following costs and expenses during the coming
year:
Direct material:
$250,000
Direct labor (@ $11/hr.):
$99,000
Indirect material:
$12,000
Indirect labor
$15,000
Factory depreciation:
$27,000
Selling expenses:
$17,000
Non-factory office expenses:
$16,000
Other manufacturing overhead:
$18,000
If manufacturing overhead is assigned
on the basis of direct labor hours, what is the predetermined
manufacturing overhead rate for the coming year?
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Please help!!!
The controller has asked you to distribute and record factory
overhead to the various production orders that are processed during
a year. The following information was taken from the annual
budget:
Direct labor hours
84,000
Machine hours
120,000
Manufacturing costs:
Direct labor
$525,000
Direct materials
180,000
Indirect labor
75,000
Electric power
48,000
Payroll taxes
12,600
Machine maintenance and repair
9,200
Factory supplies
16,000
Factory heat and light
14,000
Depreciation, taxes, and insurance:
Factory buildings
135,000
Machinery
320,200
$1,335,000...
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please help me get the incorrect 3
Problem 2-4A (Video) Agassi Company uses a job order cost system in each of its three manufacturing departments. Mar and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for Department D E K Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,400,000 $2,000,000 100,000 400,000 $1,250,000 $1,250,000 125,000 500,000 $720,000 $450,000 40,000 120,000 During January, the job cost sheets showed the...
If you could please explain how you get the
answers it would really help me
If you could please explain how you get the answers it would
really help me
LO3 E2-6A. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2019: MBC ...... Materials inventory, January 1 .... Materials inventory, December 31..... Work-in-process inventory, January 1....... Work-in-process inventory, December 31 .. Finished goods inventory, January 1.. Finished goods inventory, December 31. Net delivered cost of materials purchased....
If you could please explain how you get the answers it would
really help me
E5-4B. Stage Two ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: LO2 Activity Cost Pool Activity Cost Activity Cost Driver Machine setup Materials handling Machine operation $720,000 120,000 12,000 setup hours 3,000 tons of materials 10,000 machine hours 680,000 The following data are for the production of...
please help asap
Support Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc, anticipates the following costs, expenses, and operating data: Direct material(15.000 Director 512 120.000 Indirect material 7000 Indrea labor Sales commissions 18.000 Factory administration 1300 Non factory administrative expenses 1400 Other manufacturing overhead 28.000 Machine hours are 30 000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direct labor hours, (2)...
If you could please explain how you get the
answer it would really help me
52-4A. Prime Cost and Conversion Cost Piper Consulting Company incurred the following during 2019: LO2 SERVICE AND MERCHANDISING Somewort MBC Direct labor..... Overhead ...................... ............. Selling expenses ..... Administrative expenses..................... $ 45,000 90,000 40,000 100,000 Calculate prime cost and conversion cost for Piper Consulting Company during 2019. Product Cost Flows Number the following activities from 1 to 5 in the order corresponding to the LO2,...
homework help i need to learn this for my exam
Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating data: Direct material (15,000 lb.) $45.000 Direct labor(512/hr.) 96,000 Indirect material 7,000 Indirect labor 12.000 Sales commissions 18.000 Factory administration 13.000 Non factory administrative expenses 14,000 Other manufacturing overhead 28.000 "Machine hours are 30,000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of...
Exercise B: Calculate and Use Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating date related to Job 128: Direct material (15,000 lb.) Direct labor (@ $12 per hour) $45,000 $96,000 Indirect material $7,000 Indirect labor $12,000 Sales commissions $18,000 Factory administration $13,000 Non-factory administration expenses $14,000 Other manufacturing overhead * $28,000 *Machine hours are 30,000. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application...
If you could please explain how you get the answers it would
really help me
03 E2-6B. Schedule of Cost of Goods Manufactured and Sold At December 31, 2019, the end of its fic year, Kelly Metal Products Corporation collected the following data for 2019: Materials inventory, January 1 ...... Materials inventory, December 31 .. Work-in-process inventory, January 1 ..... Work-in-process inventory, December 31 ..... Finished goods inventory, January 1 ..... Finished goods inventory, December 31 ...... Net delivered cost...
please help me get the incorrect 3
Problem 2-4A (Video) Agassi Company uses a job order cost system in each of its three manufacturing departments. Mar and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for Department D E K Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,400,000 $2,000,000 100,000 400,000 $1,250,000 $1,250,000 125,000 500,000 $720,000 $450,000 40,000 120,000 During January, the job cost sheets showed the...