Homework Answers
Solution:
Predetermined overhead rate = Variable overhead rate + Fixed overhead rate
= $3.80 + ($285,000 / 50000) = $9.50 per direct labor hour
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Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 50,000 $ 285,000 S 3.80 Recently, Job P513 was completed with the following characteristics: 20 Number of units in the job Total direct labor-hours Direct materials Direct labor cost $ 710 500...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 96,000 Total fixed manufacturing overhead cost $499,200 Variable manufacturing overhead per direct labor-hour $ 2.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 100 100 $ 640 $9,600 The...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 30,900 $154,500 $ 3.80 Recently, Job T687 was completed with the following characteristics Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $1,480 The amount of...
Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $280 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics: 10 Number of units in the job Total direct labor-hours Direct materials Direct labor cost $ 920 $1,480 The estimated total...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour 31,000 $310,000 $ 4.00 Recently, Job T587 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 730 $1,460 The total job cost...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 755 $4,000...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 64,000 Total fixed manufacturing overhead cost $358,400 Variable manufacturing overhead per direct labor-hour $ 5.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 730 $6,400 The...
Dehner Corporation uses a job order costing system with a single plantwide predetermined overhead rate based...
Dehner Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data Total direct labor-hours 70,000 Total fixed manufacturing overhead cost $273,000 Variable manufacturing overhead per direct labor-hour $ 6.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 50 Total direct labor-hours 100 Direct materials Direct labor cost $7,000 The...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 52,000 Total fixed manufacturing overhead cost $291,200 Variable manufacturing overhead per direct labor-hour $ 5.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 20 Total direct labor-hours 100 Direct materials $ 780 Direct labor cost $5,200 The...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 94,000 $ 404,200 $ 4.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 50 100 $ 660 $9,400...
Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 50,000 $ 285,000 S 3.80 Recently, Job P513 was completed with the following characteristics: 20 Number of units in the job Total direct labor-hours Direct materials Direct labor cost $ 710 500...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 96,000 Total fixed manufacturing overhead cost $499,200 Variable manufacturing overhead per direct labor-hour $ 2.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 100 100 $ 640 $9,600 The...
Lupo Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 30,900 $154,500 $ 3.80 Recently, Job T687 was completed with the following characteristics Number of units in the job Total machine-hours Direct materials Direct labor cost 10 30 $ 740 $1,480 The amount of...
Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $280 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics: 10 Number of units in the job Total direct labor-hours Direct materials Direct labor cost $ 920 $1,480 The estimated total...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour 31,000 $310,000 $ 4.00 Recently, Job T587 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 $ 730 $1,460 The total job cost...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 755 $4,000...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 64,000 Total fixed manufacturing overhead cost $358,400 Variable manufacturing overhead per direct labor-hour $ 5.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 730 $6,400 The...
Dehner Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company based its predetermined overhead rate for the current year on the following data Total direct labor-hours 70,000 Total fixed manufacturing overhead cost $273,000 Variable manufacturing overhead per direct labor-hour $ 6.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 50 Total direct labor-hours 100 Direct materials Direct labor cost $7,000 The...
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour 94,000 $ 404,200 $ 4.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job Total direct labor-hours Direct materials Direct labor cost 50 100 $ 660 $9,400...
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