Homework Answers
rate positively ..
| Predetermined over head rate = Estimated overhead/Estimated machine hr | |||||
| 375000/2500 | |||||
| 150 | |||||
| Therefore answer = | $ 150 | ||||
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EPCC Copy Company applies factory overhead on the basis of the number of machine hours. The...
Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following...
Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following data for its most recent year of operations Estimated manufacturing overhead $ 157,050 Estimated machine-hours 4.500 Actual manufacturing overhead $ 156,000 Actual machine-hours 4,580 The estimates of the manufacturing overhead and of machine hours were made at the beginning of the you for the purpose of computing the company's predetermined overhead rate for the year. The overhead for the year was Multiple Choice $2.782...
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine hours. For the...
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine hours. For the most rec overhead costs for the month appear below month the company based its budget on 4000 machine hours, Budgeted and actual Original Budget Based on 4,000 Machine Hours Actual Costs Variable overhead costs: Supplies $11,200 32,000 $12,230 32.200 Fixed overhead costs 20,100 6,300 6,210 Utilities Factory depreciation Total overhead cost 576.900 $77,990 The company actually worked 4320 machine hours during the month. The...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,800 4,650 $157,500 4,880 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round your intermediate...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,300 4,550 $156,500 4,680 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round your intermediate...
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of...
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,000 and 26,000, respectively. Required: 1. Compute the predetermined overhead rate. per Machine Hour Predetermined Overhead Rate 2. Compute applied manufacturing overhead. Ma Overhe 3. Compute over-or underapplied manufacturing overhead.
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of...
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,000 and 26,000, respectively. Required: 1. Compute the predetermined overhead rate. Predetermined Overhead Rate per Machine Hour 2. Compute applied manufacturing overhead. Applied Manufacturing Overhead 3. Compute over- or underapplied manufacturing overhead. Manufacturing Overhead
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $ 158,050 4,700 $ 158,000 4,980 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year Multiple Choice $31.73 $33,63 $33.62 $45.52
Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis...
Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours in Factory 1 and on the basis of direct labor hours in Factory 2. Estimated factory overhead costs, direct labor hours, and machine hours are as follows: Factory 1 Factory 2 Estimated factory overhead cost for fiscal year beginning August 1 $468,920 $633,600 Estimated direct labor hours for year 8,800 Estimated machine hours for year 24,680 Actual factory overhead costs for...
Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following...
Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,400 4,570 $156,700 4,720 The estimates of the manufacturing overhead and of machine hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round...
Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated...
Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, direct labour hours would total 50,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was: $10 per machine hour. $0.04 per machine hour. $25 per machine hour. $0.05 per machine hour. $20 per machine hour.
Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following data for its most recent year of operations Estimated manufacturing overhead $ 157,050 Estimated machine-hours 4.500 Actual manufacturing overhead $ 156,000 Actual machine-hours 4,580 The estimates of the manufacturing overhead and of machine hours were made at the beginning of the you for the purpose of computing the company's predetermined overhead rate for the year. The overhead for the year was Multiple Choice $2.782...
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine hours. For the most rec overhead costs for the month appear below month the company based its budget on 4000 machine hours, Budgeted and actual Original Budget Based on 4,000 Machine Hours Actual Costs Variable overhead costs: Supplies $11,200 32,000 $12,230 32.200 Fixed overhead costs 20,100 6,300 6,210 Utilities Factory depreciation Total overhead cost 576.900 $77,990 The company actually worked 4320 machine hours during the month. The...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,800 4,650 $157,500 4,880 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round your intermediate...
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,300 4,550 $156,500 4,680 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round your intermediate...
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,000 and 26,000, respectively. Required: 1. Compute the predetermined overhead rate. per Machine Hour Predetermined Overhead Rate 2. Compute applied manufacturing overhead. Ma Overhe 3. Compute over-or underapplied manufacturing overhead.
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,000 and 26,000, respectively. Required: 1. Compute the predetermined overhead rate. Predetermined Overhead Rate per Machine Hour 2. Compute applied manufacturing overhead. Applied Manufacturing Overhead 3. Compute over- or underapplied manufacturing overhead. Manufacturing Overhead
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $ 158,050 4,700 $ 158,000 4,980 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year Multiple Choice $31.73 $33,63 $33.62 $45.52
Acheson Corporation, which applies manufacturing overhead on the basis of machine hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,400 4,570 $156,700 4,720 The estimates of the manufacturing overhead and of machine hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round...
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