Answer:- 178000 direct labor hours
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Sheridan Company assigns overhead based on machine hours. The Milling Department logs 2470 machine hours and Cutting Department shows 4000 machine hours for the period. If the overhead rate is $3 per machine hour, the entry to assign overhead will show a O debit to Work in Process for $12000. O credit to Manufacturing Overhead for $19410. O credit to Work in Process-Cutting Department for $12000. O debit to Manufacturing Overhead for $19410. Coronado and Miller Manufacturing is trying to...
hours. Last period the following costs Were recorde Cutting Department overhead Pasting Department overhead Computing Department total costs Maintenance Department total costs $400,000 $600,000 $700,000 $300,000 Production Department data: Cutting Pasting 7,500 8,000 Computing Maintenance Hours of operation Direct labor hours recorded 5,000 4,000 15,000 4,000 2,500 8,000 Required a. Determine the amount of Maintenance costs allocated to the Cutting and Pasting Departments using step method of allocating service department costs step method of allocating service department costs. Determine the...
The estimated total factory overhead cost and total machine hours for Department 40 for the current year are $250,000 and 56,250, respectively. During January, the first month of the current year, actual machine hours used totaled 5,100 and factory overhead cost incurred totaled $22,000. a. Determine the factory overhead rate based on machine hours. Round your answer to two decimal places. per machine hour 1. Present the entry to apply factory overhead to production in Department 40 for January What...
Assembly Department Particulars Manufacturing overhead Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department AED3,000,000 AED 1,400,000 100.000 hours 50,000 hours AED8,750,000 AED2.500,000 200.000 hours 200,000 hours Assembly Department During May, the job-cost record for Job 707 contained the following Machining Particulars Department Direct matenals used AED65,000 Direct manufacturing labor costs AED24,000 Direct manufacturing labor-hours 1,000 hours Machine-hours 2,800 hours AED45,000 AED17.500 1,500 hours 1,000 hours REQUIRED b. At the end of 2020, the actual manufacturing overhead costs were...
The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor-hours. At the beginning of the year, the company provided the following estimates: Department Molding Painting Direct labor-hours 31,500 59,000 Machine-hours 88,000 30,000 Fixed manufacturing overhead cost $ 281,600 $ 566,400 Variable manufacturing overhead per machine-hour $ 2.40 - Variable manufacturing overhead per direct labor-hour - $ 4.40 Job 205 was started on August 1 and completed...
1) Duke Snyder Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Factory overhead Machine-hours Department X $180,000 $225,000 51,000 mh Department Y $165,000 $180,000 40,000 mh Actual data for Job #10 Direct materials requisitioned Direct labor cost Machine-hours Department X $10,000 $11,000 5,000 mh Department Y $16.000 $14,000 3.000 mh Required: a. Compute the...
Multiple Choice Question 55 Sheffield Company assigns overhead based on machine hours. The Milling Department logs 2400 machine hours and Cutting Department shows 4150 machine hours for the period. If the overhead rate is $4 per machine hour, the entry to assign overhead will show a O debit to Work in Process for $16600. O credit to Manufacturing Overhead for $26200. credit to Work in Process --Cutting Department for $16600. debit to Manufacttring Overhead for $26200.
predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing 6, 800 65.000 3, 100 380,000 $ 576,000 $ 2.00 - $ 2.75 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 54,500 Required: 1. Compute the predetermined overhead rate for...
BE 4-2 Multiple production department factory overhead rates Obj. 3 The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000 divided into two departments: Fabrication, $420,000, and Assembly, $180,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require 8 direct labor hours in Fabrication and 4 direct labor hours in Assembly. The bass boats require 4 di- rect labor hours in Fabrication and 8 direct labor hours in Assembly. Each...
predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 8,000 71,000 69,000 2,500 $ 390,000 $ 410,000 $ 4.00 - - $ 3.75 Required: 1. Compute the predetermined overhead rate for...