Homework Answers
Answers
- Requirement 1
Predetermined Overhead rate =
($5034000 fixed overhead / $ 8390000) + $ 0.19 variable rate
= 0.60 + 0.19
= $ 0.79 per direct labor dollar.
- [2]
Direct Material = $ 1446000
Direct Labor cost = $ 2517000
Overhead applied = $ 2517000 x $ 0.79 rate = $ 1988430
Total cost of the film = $ 5,951,430
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Che Yancey Productions is a film studio that uses a job order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. oints At the beginning of the year, Yancey made the following estimates: too...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job order costing system. The company's direct...
Yancey Productions is a film studio that uses a job order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor dollars. At the beginning of the year, Yancey made the following estimates Direct labor...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers Yancey applies its overhead cost to films based on direct labor dollars. pos At the beginning of the year, Yancey made the following estimates Direct labor...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company’s direct materials...
Yancey Productions is a film studio that uses a job-order
costing system. The company’s direct materials consist of items
such as costumes and props. Its direct labor includes each film’s
actors, directors, and extras. The company’s overhead costs include
items such as utilities, depreciation of equipment, senior
management salaries, and wages of maintenance workers. Yancey
applies its overhead cost to films based on direct
labor-dollars.
At the beginning of the year, Yancey made the following
estimates:
Direct labor-dollars to support...
Che Yancey Productions is a film studio that uses a job order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. oints At the beginning of the year, Yancey made the following estimates: too...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor dollars. At the beginning of the year, Yancey made the following estimates Direct labor...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers Yancey applies its overhead cost to films based on direct labor dollars. pos At the beginning of the year, Yancey made the following estimates Direct labor...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as costumes and props. Its direct labor includes each film's actors, directors, and extras. The company's overhead costs include items such as utilities, depreciation of equipment, senior management salaries, and wages of maintenance workers. Yancey applies its overhead cost to films based on direct labor-dollars. At the beginning of the year, Yancey made the following estimates: Direct labor-dollars to support...
Yancey Productions is a film studio that uses a job-order
costing system. The company’s direct materials consist of items
such as costumes and props. Its direct labor includes each film’s
actors, directors, and extras. The company’s overhead costs include
items such as utilities, depreciation of equipment, senior
management salaries, and wages of maintenance workers. Yancey
applies its overhead cost to films based on direct
labor-dollars.
At the beginning of the year, Yancey made the following
estimates:
Direct labor-dollars to support...
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