Homework Answers
| Answer: | |
| Estimated fixed manufacturing overheads Cost: | Total estimated manufacturing overheads - Estimated variable manufacturing overheads |
| = ((432000/54000)*55000) - (55000 * 2.15) | |
| = 440000 - 118250 | |
| = $ 321750 |
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Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be...
Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be...
Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the period of 54,700 hours, (3) manufacturing overhead applied to production during the period of $432,000, and (4) estimated fixed manufacturing overhead of $330,000 per period. The estimated total manufacturing overhead cost for the period is closest to: Multiple Choice $426,472 $432 472 $437,600 < Prev 18 of 26 !!! Multiple Choice $455,000 $405,000 $430,000 $480,000
Assume (1) estimated fixed manufacturing overhead for the coming period of $201,000, (2) estimated variable manufacturing...
Assume (1) estimated fixed manufacturing overhead for the coming period of $201,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to: Multiple Choice O $5.72. $5.93 O O $5.65. O $5.82
At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required...
At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.50 per direct labor-hour. The company incurred actual manufacturing overhead costs of $180,000 and it actually worked 20,000 direct labor-hours during the period. Assume that Job X used 30 direct labor-hours. How much manufacturing overhead would be applied...
At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required...
At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of S150 per direct labor-hour. The company incurred actual manufacturing overhead costs of $180,000 and it actually worked 20,000 direct labor hours during the period, Assume that Job X used 20 direct labor-hours. How much manufacturing overhead would be...
Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning...
Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. $ 23.60 per machine-hour Predetermined overhead rate Estimated total fixed manufacturing overhead from the beginning of the year Estimated activity level from the beginning of the year Actual total fixed manufacturing overhead Actual activity level $708,000 30,000 machine-hours $752,000 28,100 machine-hours The amount of manufacturing overhead that would have...
Brothern Corporation bases its prede Estimates made at the beginning of the year: Estimated machine-hours Estimated...
Brothern Corporation bases its prede Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 49,300 $ 6.37 per machine-hour $997,832 45,800 The predetermined overhead rate for the recently completed year was closest to Multiple Choice $26.16 per machine-hour $26.61 per machine-hour $6.37 per machine $20.24 per machine hour
Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data...
Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: 12 & 01:51:34 Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 38,300 $ 5.77 per machine-hour $1,028,738 34,800 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice O $32.10 per machine-hour U $32.63 per machine-hour...
Estimated total manufacturing overhead costs Actual total manufacturing overhead costs Estimated machine hours Actual machine hours...
Estimated total manufacturing overhead costs Actual total manufacturing overhead costs Estimated machine hours Actual machine hours $750,000 $ 765,000 200,000 hours 198,000 hours Knowledge Check 03 Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs. $3.79 $1.02 O $3.75 $3.86 Knowledge Check 04 Amilmar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate...
Estimated total manufacturing overhead co Actual total manufacturing overhead cost Estimated sachine hours Actual machine hours...
Estimated total manufacturing overhead co Actual total manufacturing overhead cost Estimated sachine hours Actual machine hours 000 hours Knowledge Check 03 Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs. $3.79 $1.02 • $3.75 $3.86 Knowledge Check 04 Ammar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate cost diver to allocate overhead...
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data...
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 72,500 $ 3.20 per machine-hour $838,750 A The predetermined overhead rate for the recently completed year was closest to The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $8.64 per machine-hour $6.77 per machine-hour O $14.77 per machine-hour $9.60 per machine-hour
Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the period of 54,700 hours, (3) manufacturing overhead applied to production during the period of $432,000, and (4) estimated fixed manufacturing overhead of $330,000 per period. The estimated total manufacturing overhead cost for the period is closest to: Multiple Choice $426,472 $432 472 $437,600 < Prev 18 of 26 !!! Multiple Choice $455,000 $405,000 $430,000 $480,000
Assume (1) estimated fixed manufacturing overhead for the coming period of $201,000, (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor-hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to: Multiple Choice O $5.72. $5.93 O O $5.65. O $5.82
At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $1.50 per direct labor-hour. The company incurred actual manufacturing overhead costs of $180,000 and it actually worked 20,000 direct labor-hours during the period. Assume that Job X used 30 direct labor-hours. How much manufacturing overhead would be applied...
At the beginning of the year, a company estimated that 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $140,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of S150 per direct labor-hour. The company incurred actual manufacturing overhead costs of $180,000 and it actually worked 20,000 direct labor hours during the period, Assume that Job X used 20 direct labor-hours. How much manufacturing overhead would be...
Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. $ 23.60 per machine-hour Predetermined overhead rate Estimated total fixed manufacturing overhead from the beginning of the year Estimated activity level from the beginning of the year Actual total fixed manufacturing overhead Actual activity level $708,000 30,000 machine-hours $752,000 28,100 machine-hours The amount of manufacturing overhead that would have...
Brothern Corporation bases its prede Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 49,300 $ 6.37 per machine-hour $997,832 45,800 The predetermined overhead rate for the recently completed year was closest to Multiple Choice $26.16 per machine-hour $26.61 per machine-hour $6.37 per machine $20.24 per machine hour
Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: 12 & 01:51:34 Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 38,300 $ 5.77 per machine-hour $1,028,738 34,800 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice O $32.10 per machine-hour U $32.63 per machine-hour...
Estimated total manufacturing overhead costs Actual total manufacturing overhead costs Estimated machine hours Actual machine hours $750,000 $ 765,000 200,000 hours 198,000 hours Knowledge Check 03 Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs. $3.79 $1.02 O $3.75 $3.86 Knowledge Check 04 Amilmar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate...
Estimated total manufacturing overhead co Actual total manufacturing overhead cost Estimated sachine hours Actual machine hours 000 hours Knowledge Check 03 Using the information provided by Amilmar Inc., calculate the predetermined overhead rate. Amilmar has determined machine hours to be the appropriate cost driver to allocate overhead costs. $3.79 $1.02 • $3.75 $3.86 Knowledge Check 04 Ammar Inc. has provided this information regarding its overhead costs. It has determined machine hours to be the appropriate cost diver to allocate overhead...
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 72,500 $ 3.20 per machine-hour $838,750 A The predetermined overhead rate for the recently completed year was closest to The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $8.64 per machine-hour $6.77 per machine-hour O $14.77 per machine-hour $9.60 per machine-hour
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