Question

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year,
Mccaskell Corporations relevant range of activity is 7.000 units to 11,000 units. When it produces and sells 9.000 units, it
A partial listing of costs incurred at Archut Corporation during September appears below. Direct materials Utilities, factory
Bunnell Corporation is a manutacturer that uses job-order costing On January 1, the companys inventory balances were as foll
Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the companys inventory balances were as fol
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Baka Corporation

Answer: $85,612 underapplied

Predetermined overhead rate = Total estimated overhead/Estimated direct labor hours = $244500/9500 = $25.74 per direct labor hour

Overheads applied = 6200 x $25.74 = $159588

Actual manufacturing overhead incurred = $245200

Overheads underapplied = $245200 - $159588 = $85612

Mccaskell Corporation

Answer: $79,600

Direct manufacturing cost includes the direct materials and direct labor cost.

Direct materials 6.30
Direct labor 3.65
Total direct manufacturing cost per unit $ 9.95
x Number of units 8000
Total direct manufacturing cost $ 79600

Archt Corporation

Answer: $292,000

Direct materials 113000
Direct labor 129000
Manufacturing overheads:
Utilities, factory 5000
Indirect labor 25000
Depreciation of production equipment 20000 50000
Total product costs $ 292000

The last question is not a MCQ. Per HOMEWORKLIB RULES kindly post the same separately and completely. Thank you.  

Add a comment
Know the answer?
Add Answer to:
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The company applies overhead cost to jobs on the basis of direct labor-hours. For the current...

    The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company’s predetermined overhead rate of $13.00 per direct labor-hour was based on a cost formula that estimated $520,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: Raw materials were purchased on account, $584,000. Raw materials use in production, $537,600. All of of the raw materials were used as direct...

  • [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses...

    [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follows: Raw materials $ 74,000 Work in process $ 31,800 Finished goods $ 52,200 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company’s predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing...

  • Required information The following information applies to the questions displayed below) Bunnell Corporation is a manufacturer...

    Required information The following information applies to the questions displayed below) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 59,500 $ 37,600 $ 61,800 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.25 per direct labor hour was based on a cost formula that estimated $570,000...

  • Required information (The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer...

    Required information (The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 75,500 $ 19,600 $ 59,400 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.00 per direct labor-hour was based on a cost formula that estimated $560,000 of...

  • Required information [The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer...

    Required information [The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: $50,500 Raw materials Work in process Finished goods $25,000 $38,100 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $11.75 per direct labor-hour was based on a cost formula that estimated $470,000 of total manufacturing overhead...

  • Required information (The following information applies to the questions displayed below. Bunnell Corporation is a manufacturer...

    Required information (The following information applies to the questions displayed below. Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 75,500 $ 19,600 $ 59,400 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.00 per direct labor-hour was based on a cost formula that estimated $560,000 of...

  • Required information The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer...

    Required information The following information applies to the questions displayed below.) Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 40,000 $ 18,000 $ 35,000 ces The company applies overhead cost to jobs on the basis of direct labor hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated...

  • [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses jo...

    [The following information applies to the questions displayed below.] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follows: Raw materials $ 66,000 Work in process $ 33,600 Finished goods $ 38,400 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company’s predetermined overhead rate of $13.50 per direct labor-hour was based on a cost formula that estimated $540,000 of total manufacturing...

  • Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances...

    Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 40,000 $ 18,000 $ 35,000 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing overhead for an estimated activity level of 40,000 direct...

  • During June, Buttrey Corporation incurred $84.000 of Grect labor costs and $24,000 of indirect labor costs....

    During June, Buttrey Corporation incurred $84.000 of Grect labor costs and $24,000 of indirect labor costs. The journal entry to record the accrual of these wages would include a Multiple Choice debt to work in Process of 504.000 Cred to work in Process of SOB,000 o o debit to Work in Process of $100,000 o credit to Work in Process of 4000 Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's Inventory balances were as...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT