A company established a predetermined overhead to be 150% of its Direct Materials. How much overhead...
- A company established a predetermined overhead to be 150% of its Direct Materials.
How much overhead should be applied to JOB that has $200,000.00 cost of materials?
- $200,000.00
- $175.000.00
- $300,000.00
- $150,000.00
- None of the above
Homework Answers
Overhead applied=predetermined overhead rate*Actual cost of materials
=200,000*150%
which is equal to
=$300,000
Add Answer to:
A company established a predetermined overhead to be 150% of
its Direct Materials.
How much overhead...
The predetermined overhead rate of 160% allocates overhead based on direct materials cost. If direct labor...
The predetermined overhead rate of 160% allocates overhead based on direct materials cost. If direct labor cost is $55,000 and direct materials cost is $85,000, how much overhead should be applied? 59 Multiple Choice $55,000. $136,000 $53,125 $34,375. Droit 14 View previous attempt D . 25:36 Job 100 was ordered by a customer on March 25. During the month of March, the job required: $1,900 of direct materials and • $3,400 of direct labor In April, the job required an...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15.50 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 64,400 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: points Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost eBook $ 1,790,000 Hint Print References Job...
Questions: 1. What was the company’s plantwide predetermined overhead rate? 2. How much manufacturing overhead was...
Questions:
1. What was the company’s plantwide predetermined overhead
rate?
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q?
3. What was the total manufacturing cost assigned to Job P?
4. If Job P included 20 units, what was its unit product
cost?
5. What was the total manufacturing cost assigned to Job Q?
6. If Job Q included 30 units, what was its unit product
cost?
7. Assume that Sweeten...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 65,100 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: ? Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? $ 1,632,000 Job Omega Direct materials...
Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the...
Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory account shows the following. Work in Process Inventory Date Explanation Debit Credit Balance Dec. 31 Direct materials cost 1,700,000 1,700,000 31 Direct labor cost 250,000 1,950,000 31 Overhead applied 782,000 2,732,000 31 To finished goods 2,653,000 79,000 1. Determine the predetermined overhead rate used (based on direct materials cost). 2. Only one job remained in work in process inventory...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost 2 ? $1,533,500 Job Omega Direct materials Direct...
1. what was the company's plant wide predetermined overhead rate? 2. How much manufacturing overhead was...
1. what was the company's plant wide predetermined overhead
rate?
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q?
3. What was the total manufacturing cost assigned to Job P?
4. If Job P included 20 units, what was its unit product
cost?
5. What was the total manufacturing cost assigned to Job Q?
6. If Job Q included 30 units, what was its unit product
cost?
7. Assume that Sweeten...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.50 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 68,200 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are show below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost $1,674,000 Job Omega Direct materials Direct labor $...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $18.50 per hour. During the year, the company started and completed only two jobs, Job Alpha, which used 62,300 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost $ 2,300,000 Job Omega Direct materials Direct...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 65,100 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below. Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? $ 1,632,000 Job Omega Direct materials Direct...
The predetermined overhead rate of 160% allocates overhead based on direct materials cost. If direct labor cost is $55,000 and direct materials cost is $85,000, how much overhead should be applied? 59 Multiple Choice $55,000. $136,000 $53,125 $34,375. Droit 14 View previous attempt D . 25:36 Job 100 was ordered by a customer on March 25. During the month of March, the job required: $1,900 of direct materials and • $3,400 of direct labor In April, the job required an...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15.50 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 64,400 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: points Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost eBook $ 1,790,000 Hint Print References Job...
Questions:
1. What was the company’s plantwide predetermined overhead
rate?
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q?
3. What was the total manufacturing cost assigned to Job P?
4. If Job P included 20 units, what was its unit product
cost?
5. What was the total manufacturing cost assigned to Job Q?
6. If Job Q included 30 units, what was its unit product
cost?
7. Assume that Sweeten...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 65,100 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: ? Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? $ 1,632,000 Job Omega Direct materials...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $15 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 54,500 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost 2 ? $1,533,500 Job Omega Direct materials Direct...
1. what was the company's plant wide predetermined overhead
rate?
2. How much manufacturing overhead was applied to Job P and how
much was applied to Job Q?
3. What was the total manufacturing cost assigned to Job P?
4. If Job P included 20 units, what was its unit product
cost?
5. What was the total manufacturing cost assigned to Job Q?
6. If Job Q included 30 units, what was its unit product
cost?
7. Assume that Sweeten...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.50 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 68,200 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are show below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost $1,674,000 Job Omega Direct materials Direct labor $...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $18.50 per hour. During the year, the company started and completed only two jobs, Job Alpha, which used 62,300 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost $ 2,300,000 Job Omega Direct materials Direct...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $12.00 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 65,100 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below. Job Alpha Direct materials Direct labor Manufacturing overhead applied Total job cost ? $ 1,632,000 Job Omega Direct materials Direct...
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