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NM company estimates the following costs for the coming month: Overhead (indirect costs) to direct labor...
NM company estimates the following costs for the coming month Variable overhead to direct labor ratio...
NM company estimates the following costs for the coming month Variable overhead to direct labor ratio Fixed overhead costs Direct material to total costs ratio Estimated total costs Find variable overhead costs 60% $10,000 20% $100,000 O 1. Between 25,000.00 and $30,000.00 2. Between $38,000.00 and $44,000.00 3. Between $48,000.00 and $51.000.00 4. Between $58,000.00 and $62.000.00 ●ラ Moving to another question will save this response.
5. NM Company estimate the following cost of the coming month: Overhead (Indirect costs) to direct...
5. NM Company estimate the following cost of the coming month: Overhead (Indirect costs) to direct labor ratio: 60% Direct Material to total costs ratio: 20% Estimated total costs: $100,000 Find the direct labor costs: a. $20k b. $30k c. $50k d. $70k e. $80k 6. Imposed budgets are when senior managers set performance goals by consulting the individuals who will be responsible for meeting those goals. True of False
ABC Company estimates the following data for the coming month Total variable costs ?5??? 40,000.00 Income...
ABC Company estimates the following data for the coming month Total variable costs ?5??? 40,000.00 Income tax rate 40% Contribution margin percentage 50% Estimated net income $6,000.00 Find the estimated operating income for the coming month. a. Between 0 and $20,000.00 b. Between $20,000.00 and $40,000.00 c. Between $40,001.00 and $60,000.00 d. Between $60,000 and 80,001.00 ABC Company estimates the following data for the coming month Total variable costs 2577240 000.00 Income tax rate 40% Contribution margin percentage 50% Estimated...
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00...
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00 Income tax rate 40% Contribution margin percentage 50% Required net income $6,000.00 Find the estimated operating income for the coming month. a $2,500 b. $3,500 c. $8,000 d. Between $9,000 and $10,001 . $ 3 S Question 11 In general what are the assumptions of accepting special orders? a. That provide both qualitative and quantitative reasoning of special offer b. That provide only qualitative...
K Company estimates that overhead costs for the next year will be $3,700,000 for indirect labor...
K Company estimates that overhead costs for the next year will be $3,700,000 for indirect labor and $890,000 for factory utilities. The company uses direct labor hours as its overhead allocation base If 125,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate? K Company estimates that overhead costs for the next year will be $2,948,000 for indirect labor and $880,000 for factory utilities. The company uses direct labor hours as its overhead...
Peterson Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor...
Peterson Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor and $940,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 100,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $1,280, eee...
Johnson Company estimates that 378,500 direct labor hours will be worked during the coming year, 2020,...
Johnson Company estimates that 378,500 direct labor hours will be worked during the coming year, 2020, in the the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs _______________________________ Supervision $87,840 Depreciation $68,760 Insurance $30,000 Rent $24,360 Property Taxes $18,480 Total: $229,440 Variable Overhead Costs __________________________________ Indirect labor $166,540 Indirect materials $83,270 Repairs $37,850 Utilities $75,700 Lubricants $30,280 Total: $393,640 It is estimated that direct labor hours worked each...
K Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor...
K Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor and $940,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. If 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate? Multiple Choice $0.02 per direct labor hour. $44.40 per direct labor hour. $35.00 per direct labor hour. $9.40 per direct labor hour. $0.11 per direct labor hour.
Problem 22-1A Bumblebee Company estimates that 370,000 direct labor hours will be worked during the coming...
Problem 22-1A
Bumblebee Company estimates that 370,000 direct labor hours will
be worked during the coming year, 2017, in the Packaging
Department. On this basis, the budgeted manufacturing overhead cost
data are computed for the year.
Problem 22-1A Bumblebee Company estimates that 370,000 direct labor hours will be worked during the coming year, 2017, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Supervision Depreciation Insurance Rent Property...
Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2017,...
Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2017, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data are computed for the year. Variable Overhead Costs Fixed Overhead Costs Supervision $94,440 Indirect labor $174,570 Depreciation 73,320 Indirect materials 75,900 25,560 Repairs Insurance 53,130 Rent 21,120 Utilities 94,875 Property taxes 20,880 Lubricants 37,950 $436,425 $235,320 It is estimated that direct labor hours worked each month will range from 24,900 to...
NM company estimates the following costs for the coming month Variable overhead to direct labor ratio Fixed overhead costs Direct material to total costs ratio Estimated total costs Find variable overhead costs 60% $10,000 20% $100,000 O 1. Between 25,000.00 and $30,000.00 2. Between $38,000.00 and $44,000.00 3. Between $48,000.00 and $51.000.00 4. Between $58,000.00 and $62.000.00 ●ラ Moving to another question will save this response.
ABC Company estimates the following data for the coming month Total variable costs ?5??? 40,000.00 Income tax rate 40% Contribution margin percentage 50% Estimated net income $6,000.00 Find the estimated operating income for the coming month. a. Between 0 and $20,000.00 b. Between $20,000.00 and $40,000.00 c. Between $40,001.00 and $60,000.00 d. Between $60,000 and 80,001.00 ABC Company estimates the following data for the coming month Total variable costs 2577240 000.00 Income tax rate 40% Contribution margin percentage 50% Estimated...
Question 1 ABC Company estimates the following data for the coming month Total variable costs $60,000.00 Income tax rate 40% Contribution margin percentage 50% Required net income $6,000.00 Find the estimated operating income for the coming month. a $2,500 b. $3,500 c. $8,000 d. Between $9,000 and $10,001 . $ 3 S Question 11 In general what are the assumptions of accepting special orders? a. That provide both qualitative and quantitative reasoning of special offer b. That provide only qualitative...
K Company estimates that overhead costs for the next year will be $3,700,000 for indirect labor and $890,000 for factory utilities. The company uses direct labor hours as its overhead allocation base If 125,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate? K Company estimates that overhead costs for the next year will be $2,948,000 for indirect labor and $880,000 for factory utilities. The company uses direct labor hours as its overhead...
Peterson Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor and $940,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 100,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $1,280, eee...
Problem 22-1A
Bumblebee Company estimates that 370,000 direct labor hours will
be worked during the coming year, 2017, in the Packaging
Department. On this basis, the budgeted manufacturing overhead cost
data are computed for the year.
Problem 22-1A Bumblebee Company estimates that 370,000 direct labor hours will be worked during the coming year, 2017, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data are computed for the year. Fixed Overhead Costs Supervision Depreciation Insurance Rent Property...
Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2017, in the Packaging Department. On this basis, the budgeted manufacturing overhead cost data are computed for the year. Variable Overhead Costs Fixed Overhead Costs Supervision $94,440 Indirect labor $174,570 Depreciation 73,320 Indirect materials 75,900 25,560 Repairs Insurance 53,130 Rent 21,120 Utilities 94,875 Property taxes 20,880 Lubricants 37,950 $436,425 $235,320 It is estimated that direct labor hours worked each month will range from 24,900 to...
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