Homework Answers
a) Plantwide overhead rate = 1850000/19000 = 97.37 per DLH
| Product | DL Hours | Plantwide Oh rate | total overhead cost | Unit produced | OH cost per unit |
| Job 3175 | 420 | 97.37 | 40895.40 | 150 | 272.64 |
| Job 4286 | 3780 | 97.37 | 368058.60 | 1875 | 196.30 |
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Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction
industry. The following details about overhead costs were taken
from its company records.
Production Activity
Indirect Labor
Indirect Materials
Other Overhead
Grinding
$
340,000
Polishing
$
110,000
Product modification
500,000
Providing power
$
265,000
System calibration
430,000
Additional information on the drivers for its production
activities follows.
Grinding
12,000
machine hours
Polishing
12,000
machine hours
Product modification
1,900
engineering hours
Providing power
16,000
direct labor hours
System calibration
900
batches
Job...
Craft Pro Machining produces machine tools for the construction Industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction Industry. The following details about overhead costs were taken from its company records. Indirect Materials Indirect Labor $ 410,000 Other Overhead $155.000 Production Activity Grinding Polishing Product modification Providing power System calibration 650,000 $225,000 440,000 Additional Information on the drivers for its production activities follows. 1800 engineering Grinding 10,000 machine hours Polishing 10,000 machine hours Product 0 modification hours Providing power direct labor 16,000 hours System calibration 300 batches Number of...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $320,000 I ndirect Materials Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration $130,000 550,000 $ 200, eee 520, eee Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 11,eee machine hours 11,000 machine hours 1,5ee engineering hours 21, eee direct labor hours 1,050...
Craftmore Machining produces machine tools for the construction industry. The following details about overhead costs were...
Craftmore Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Indirect Labor Indirect Materials Other Overhead Grinding $ 360,000 Polishing $ 215,000 Product modification 550,000 Providing power $ 255,000 System calibration 440,000 Additional information on the drivers for its production activities follows. DRIVERS Grinding and Polishing 11,000 machine hours Product modification 1,900 engineering hours Providing power 21,000 direct labor hours System calibration 1,300 batches Required: 1. Compute...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $320,000 Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration Indirect Materials $130,000 550,000 $ 200, eee 520, eee Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 11,eee machine hours 11,eee machine hours 1,500 engineering hours 21, eee direct labor hours 1,050 batches...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Indirect Labor Indirect Materials Other Overhead Grinding $ 370,000 Polishing $ 110,000 Product modification 600,000 Providing power $ 265,000 System calibration 410,000 Additional information on the drivers for its production activities follows. Grinding 11,000 machine hours Polishing 11,000 machine hours Product modification 2,100 engineering hours Providing power 21,000 direct labor hours System calibration 1,000 batches Job...
HOW DO I CALCULATE? Craft Pro Machining produces machine tools for the construction industry. The following details abo...
HOW DO I CALCULATE?
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $390,000 Production Activity Grinding Polishing Product modification Providing power System calibration $185,000 650,000 $ 220,000 450,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 8,000 machine hours 8,000 machine hours 1,600 engineering hours 16,000 direct labor hours 1,000...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Indirect Labor Indirect Materials Other Overhead Grinding $ 370,000 Polishing $ 110,000 Product modification 600,000 Providing power $ 265,000 System calibration 410,000 Additional information on the drivers for its production activities follows. Grinding 11,000 machine hours Polishing 11,000 machine hours Product modification 2,100 engineering hours Providing power 21,000 direct labor hours System calibration 1,000 batches Job...
[The following information applies to the questions displayed below.] Craft Pro Machining produces machine tools for...
[The following information applies to the questions displayed below.] Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $ 330,000 $110,000 Production Activity Grinding Polishing Product modification Providing power System calibration 600,000 $ 240,000 440,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 10,000 machine hours 10,000 machine hours 1,900 engineering...
HOW DO I CALCULATE? Craft Pro Machining produces machine tools for the construction industry. The following...
HOW DO I CALCULATE?
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $390,000 $185,000 Production Activity Grinding Polishing Product modification Providing power System calibration 650,000 $ 220,000 450,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 8,000 machine hours 8,000 machine hours 1,600 engineering hours 16,000 direct labor hours 1,000...
Craft Pro Machining produces machine tools for the construction
industry. The following details about overhead costs were taken
from its company records.
Production Activity
Indirect Labor
Indirect Materials
Other Overhead
Grinding
$
340,000
Polishing
$
110,000
Product modification
500,000
Providing power
$
265,000
System calibration
430,000
Additional information on the drivers for its production
activities follows.
Grinding
12,000
machine hours
Polishing
12,000
machine hours
Product modification
1,900
engineering hours
Providing power
16,000
direct labor hours
System calibration
900
batches
Job...
Craft Pro Machining produces machine tools for the construction Industry. The following details about overhead costs were taken from its company records. Indirect Materials Indirect Labor $ 410,000 Other Overhead $155.000 Production Activity Grinding Polishing Product modification Providing power System calibration 650,000 $225,000 440,000 Additional Information on the drivers for its production activities follows. 1800 engineering Grinding 10,000 machine hours Polishing 10,000 machine hours Product 0 modification hours Providing power direct labor 16,000 hours System calibration 300 batches Number of...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $320,000 I ndirect Materials Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration $130,000 550,000 $ 200, eee 520, eee Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 11,eee machine hours 11,000 machine hours 1,5ee engineering hours 21, eee direct labor hours 1,050...
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $320,000 Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration Indirect Materials $130,000 550,000 $ 200, eee 520, eee Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 11,eee machine hours 11,eee machine hours 1,500 engineering hours 21, eee direct labor hours 1,050 batches...
HOW DO I CALCULATE?
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $390,000 Production Activity Grinding Polishing Product modification Providing power System calibration $185,000 650,000 $ 220,000 450,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 8,000 machine hours 8,000 machine hours 1,600 engineering hours 16,000 direct labor hours 1,000...
[The following information applies to the questions displayed below.] Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $ 330,000 $110,000 Production Activity Grinding Polishing Product modification Providing power System calibration 600,000 $ 240,000 440,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 10,000 machine hours 10,000 machine hours 1,900 engineering...
HOW DO I CALCULATE?
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $390,000 $185,000 Production Activity Grinding Polishing Product modification Providing power System calibration 650,000 $ 220,000 450,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 8,000 machine hours 8,000 machine hours 1,600 engineering hours 16,000 direct labor hours 1,000...
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