In December 2013, Noll established its predetermined overhead rate for movies produced during year 2014 by...
In December 2013, Noll established its predetermined overhead rate for movies produced during year 2014 by using the following cost predictions: overhead costs, $975000,and direct labor costs, $775000 At year-end 2014, the company’s records show that actual overhead costs for the year are $920000. Actual direct labor cost 750000.
1. Determine the predetermined overhead rate for year 2014
2. Determine weather overhead is overapplied or underapplied ( and the amout) during the year.
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In December 2013, Noll established its predetermined overhead
rate for movies produced during year 2014 by...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $1,776,000,and direct labor costs, $480,000. At year-end, the company’s records show that actual overhead costs for the year are $932,400. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released $ 200,000 Movies still in production 55,000 Total actual direct labor cost $ 255,000 1. Determine the predetermined overhead...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,254,000,and direct labor costs, $490,000. At year-end, the company's records show that actual overhead costs for the year are $1,998,700. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $400,000 37,000 $437,000 1. Determine the predetermined overhead rate for...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,385,000 and direct labor costs, $450,000. At year-end, the company's records show that actual overhead costs for the year are $1,832,500. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 48,000 $348,000 1. Determine the predetermined overhead rate...
In December 2016, Infodeo established its predetermined overhead rate for movies produced during 2017 by using...
In December 2016, Infodeo established its predetermined overhead rate for movies produced during 2017 by using the following cost predictions: overhead costs, $1,750,000, and direct labor costs, $500,000. At year-end 2017, the company's records show that actual overhead costs for the year are $1,171,100. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 38,000 $338,000 1. Determine the predetermined overhead rate for 2017 283....
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,597,000, and direct labor costs, $490,000. At year-end, the company's records show that actual overhead costs for the year are $1,855,200. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 52,000 $352,000 1. Determine the predetermined overhead rate...
At the beginning of the year, Infodeo established Its predetermined overhead rate for movies produced during...
At the beginning of the year, Infodeo established Its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,021,000,and direct labor costs, $430,000. At year-end, the company's records show that actual overhead costs for the year are $2,549,800. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in produetion $500,000 45,000 $545,000 Total actual direct labor eost 1. Determine the predetermined overhead rate for...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,115,000, and direct labor costs, $450,000. At year-end, the company's records show that actual overhead costs for the year are $1,564,300. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 35,000 $335,000 1. Determine the predetermined overhead rate...
1 At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced...
1 At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $1,476,000,and direct labor costs, $410,000. At year-end, the company's records show that actual overhead costs for the year are $1,925,400. Actual direct labor cost had been assigned to jobs as follows. $5e0,eee 38,000 Movies completed and released Movies still in production 12 points Total actual direct labor cost $538,000 02:41:51 1. Determine the...
How do I calculate? At the beginning of the year, Infodeo established its predetermined overhead rate...
How do I calculate?
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $1,833,000,and direct labor costs, $470,000. At year-end, the company's records show that actual overhead costs for the year are $940,200. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $ 200,000 44,000 $ 244,000 1....
In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by...
In December 2016,
Custom Mfg. established its predetermined overhead rate for jobs
produced during 2017 by using the following cost predictions:
overhead costs, $750,000, and direct materials costs, $625,000. At
year-end 2017, the company’s records show that actual overhead
costs for the year are $830,000. Actual direct material cost had
been assigned to jobs as follows.
Jobs
completed and sold
$
513,750
Jobs in finished
goods inventory
102,750
Jobs in work in
process inventory
68,500
Total actual
direct materials cost...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,254,000,and direct labor costs, $490,000. At year-end, the company's records show that actual overhead costs for the year are $1,998,700. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $400,000 37,000 $437,000 1. Determine the predetermined overhead rate for...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,385,000 and direct labor costs, $450,000. At year-end, the company's records show that actual overhead costs for the year are $1,832,500. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 48,000 $348,000 1. Determine the predetermined overhead rate...
In December 2016, Infodeo established its predetermined overhead rate for movies produced during 2017 by using the following cost predictions: overhead costs, $1,750,000, and direct labor costs, $500,000. At year-end 2017, the company's records show that actual overhead costs for the year are $1,171,100. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 38,000 $338,000 1. Determine the predetermined overhead rate for 2017 283....
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,597,000, and direct labor costs, $490,000. At year-end, the company's records show that actual overhead costs for the year are $1,855,200. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 52,000 $352,000 1. Determine the predetermined overhead rate...
At the beginning of the year, Infodeo established Its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,021,000,and direct labor costs, $430,000. At year-end, the company's records show that actual overhead costs for the year are $2,549,800. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in produetion $500,000 45,000 $545,000 Total actual direct labor eost 1. Determine the predetermined overhead rate for...
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $2,115,000, and direct labor costs, $450,000. At year-end, the company's records show that actual overhead costs for the year are $1,564,300. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $300,000 35,000 $335,000 1. Determine the predetermined overhead rate...
1 At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $1,476,000,and direct labor costs, $410,000. At year-end, the company's records show that actual overhead costs for the year are $1,925,400. Actual direct labor cost had been assigned to jobs as follows. $5e0,eee 38,000 Movies completed and released Movies still in production 12 points Total actual direct labor cost $538,000 02:41:51 1. Determine the...
How do I calculate?
At the beginning of the year, Infodeo established its predetermined overhead rate for movies produced during the year by using the following cost predictions: overhead costs, $1,833,000,and direct labor costs, $470,000. At year-end, the company's records show that actual overhead costs for the year are $940,200. Actual direct labor cost had been assigned to jobs as follows. Movies completed and released Movies still in production Total actual direct labor cost $ 200,000 44,000 $ 244,000 1....
In December 2016,
Custom Mfg. established its predetermined overhead rate for jobs
produced during 2017 by using the following cost predictions:
overhead costs, $750,000, and direct materials costs, $625,000. At
year-end 2017, the company’s records show that actual overhead
costs for the year are $830,000. Actual direct material cost had
been assigned to jobs as follows.
Jobs
completed and sold
$
513,750
Jobs in finished
goods inventory
102,750
Jobs in work in
process inventory
68,500
Total actual
direct materials cost...
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