Homework Answers
requirement 1:
| total overheads | / estimated direct labor cost | = predetermined overhead rate |
| 530.400 | / 1,020,000 | = 52% of direct labor cost |
working :
estimated direct labor cost = 30,000 direct labor hours *$34
=>$1,020,000.
requirement 2:
| direct labor cost | x predetermined overhead rate | = predetermined overhead rate |
| 4760 | x 52% | = 2,475. |
working:
direct labor cost = 140 hours *$34
=>$4,760
requirement 3:.
cost of job 371.
| direct materials | $13,000 |
| direct labor | 4,760 |
| overhead cost | 2,475 |
| total | $20,235 |
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Need requirements 1,2,3 please! thx.
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These are attachments please open them and enlarge to view. Thanks and below are options to...
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enlarge to view. Thanks and below are options to requirement 3.
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enlarge to view. Thanks and below are options to requirement 3.
The company has been excelentant cam micreased his x Data Table iati Description of cost pool Machine maintenance costs Engineering change orders Hazardous waste disposal Total overhead cost Estimated Cost Cost driver $ 600,000 Number of machine hours $ 60,000 Number of change orders 1,430,000 kg of hazardous materials generated $ 2,090,000 Estimated activity for this year 10,000 3,000 5,500 $ $...
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