Homework Answers
| Manufacturing overhead Department A | 600000 |
| Divide by Direct manufacturing labor Department A | 200000 |
| Manufacturing overhead allocation rate | 300% |
| Option A 300% is correct |
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Department A $700.000 Direct materials Direct manufacturing labor Manufacturing overhead Department B $100,000 $800,000 $400,000 $200.000...
Valley Corporation uses a job cost system and has two production departments, A and B. Budgeted...
Valley Corporation uses a job
cost system and has two production departments, A and B. Budgeted
manufacturing costs for the year are: Department A Department B
Direct materials $600,000 $100,000 Direct manufacturing labor
$100,000 $600,000 Manufacturing overhead $400,000 $300,000 The
actual material and labor costs charged to Job #432 were as
follows: Total Direct materials: $28,000 Direct labor: Department A
$18,000 Department B $12,000 $30,000 Apple Valley applies
manufacturing overhead costs to jobs on the basis of direct
manufacturing labor...
Pigot Corporation uses jab casting and has two production departments, Mand A. Budgeted manufacturing costs for...
Pigot Corporation uses jab casting and has two production departments, Mand A. Budgeted manufacturing costs for the year are as follows: Dept.M Dept. A $ Direct materials 700.000 $ 100.000 Direct labor 200,000 800,000 Factory overhead 600,000 400,000 The actual direct materials and direct labor costs charged to job. No. 432 during the year were as follows: Direct materials S 25,000 Direct labor Department Department 8.000 12.000 20,000 Poot applies Aanufacturing overlad to production orders on the basis of direct...
Apple Valley Corporation uses a job cost system and has two production departments, A and B....
Apple Valley Corporation uses a job cost system and has two production departments, A and B. Budgeted manufacturing costs for the year are: Department A $700,000 Direct materials Direct manufacturing labor$200,000 Manufacturing overhead 100,000 S800,000 S400,000 S600,000 The actual material and labor costs charged to Job #432 and Job #433 were as follows: Job#432 $25,000 Job #433 S32,000 Direct materials: Direct labor $ 8,000 tBS12.000 $20,000 S9,500 $13.500 $23,000 Apple Valley applies manufacturing overhead costs to jobs on the basis...
Apple Valley Corporation uses a job cost system and has two production departments A and B....
Apple Valley Corporation uses a job cost system and has two production departments A and B. Budgeted manufacturing costs for the year are: Department A Department B Direct materials $900.000 $200,000 Direct manufacturing labor $400,000 $100,000 Manufacturing overhead $800,000 5500,000 The actual material and labor costs charged to Job #432 were as follows: Total Direct materials $26,000 Direct labor Department A $12,000 honarmant CA O A. $10,000 OB. 564,000 C. 516,000 OD. 596,000 Manufacturing overhead $800,000 $500,000 The actual material...
Department Fabricating Machining Assembly Total Plant Manufacturing overhead Direct labor 379,750 434,000 97,650 $ 911,4co s...
Department Fabricating Machining Assembly Total Plant Manufacturing overhead Direct labor 379,750 434,000 97,650 $ 911,4co s 217,000 108,s00 325,500 651,000 Jobs require varying amounts of work in the three departments. he Koopers job,for example, would have required manu costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating 4,700 6,200 hining 300 600 Assembly $3,100 7,900 Total Plant 8,100 $14,700 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current...
Assembly Department Particulars Manufacturing overhead Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department AED3,000,000...
Assembly Department Particulars Manufacturing overhead Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department AED3,000,000 AED 1,400,000 100.000 hours 50,000 hours AED8,750,000 AED2.500,000 200.000 hours 200,000 hours Assembly Department During May, the job-cost record for Job 707 contained the following Machining Particulars Department Direct matenals used AED65,000 Direct manufacturing labor costs AED24,000 Direct manufacturing labor-hours 1,000 hours Machine-hours 2,800 hours AED45,000 AED17.500 1,500 hours 1,000 hours REQUIRED b. At the end of 2020, the actual manufacturing overhead costs were...
Pages Corporation uses job costing and has two production departments, Mand A Budgeted manufacturing costs for...
Pages Corporation uses job costing and has two production departments, Mand A Budgeted manufacturing costs for the year are as follow Direct materials Direct labor Factory overhead Dept. M $706, oee 286,000 618,000 Dept. A $106,000 812,000 406,000 The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows: $36,000 Direct materials Direct labor: Department M Department A $14,600 18,00 32, eee Pigot applies manufacturing overhead to production orders on the basis...
Southern Rim Parts estimates its manufacturing overhead to be $400,000 and its direct labor costs to...
Southern Rim Parts estimates its manufacturing overhead to be $400,000 and its direct labor costs to be $1,000,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $59,000 for Job 301, $84,000 for Job 302, and $145,000 for Job 303. For the year, actual manufacturing overhead was $429,000 and total direct labor cost was $840,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates....
Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs...
Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows: Direct materials Direct labor Factory overhead Dept. M $708,000 208.000 624,000 Dept. A $108,000 816,000 408,000 The actual direct material and direct labor costs charged to Job. No. 432 during the year were as follows: $38,000 Direct material Direct labor: Department M Department A $ 16,000 20,000 36,000 igot applies manufacturing overhead to production orders on the basis...
QUESTION 1 ABC Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The...
QUESTION 1 ABC Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two department: Assembly, and Sanding. The Assembly department uses a departmental overhead rate of $35 per machine hour. The Sanding department uses a departmental overhead rate of $20 per direct labor hour. Job 603 used the following Direct Labor Hours, and Machine Hours in the two departments: Actual Results Assembly Department Sanding Department Direct Labor Hours Used 8 5 Machine Hours Used...
Valley Corporation uses a job
cost system and has two production departments, A and B. Budgeted
manufacturing costs for the year are: Department A Department B
Direct materials $600,000 $100,000 Direct manufacturing labor
$100,000 $600,000 Manufacturing overhead $400,000 $300,000 The
actual material and labor costs charged to Job #432 were as
follows: Total Direct materials: $28,000 Direct labor: Department A
$18,000 Department B $12,000 $30,000 Apple Valley applies
manufacturing overhead costs to jobs on the basis of direct
manufacturing labor...
Pigot Corporation uses jab casting and has two production departments, Mand A. Budgeted manufacturing costs for the year are as follows: Dept.M Dept. A $ Direct materials 700.000 $ 100.000 Direct labor 200,000 800,000 Factory overhead 600,000 400,000 The actual direct materials and direct labor costs charged to job. No. 432 during the year were as follows: Direct materials S 25,000 Direct labor Department Department 8.000 12.000 20,000 Poot applies Aanufacturing overlad to production orders on the basis of direct...
Apple Valley Corporation uses a job cost system and has two production departments, A and B. Budgeted manufacturing costs for the year are: Department A $700,000 Direct materials Direct manufacturing labor$200,000 Manufacturing overhead 100,000 S800,000 S400,000 S600,000 The actual material and labor costs charged to Job #432 and Job #433 were as follows: Job#432 $25,000 Job #433 S32,000 Direct materials: Direct labor $ 8,000 tBS12.000 $20,000 S9,500 $13.500 $23,000 Apple Valley applies manufacturing overhead costs to jobs on the basis...
Apple Valley Corporation uses a job cost system and has two production departments A and B. Budgeted manufacturing costs for the year are: Department A Department B Direct materials $900.000 $200,000 Direct manufacturing labor $400,000 $100,000 Manufacturing overhead $800,000 5500,000 The actual material and labor costs charged to Job #432 were as follows: Total Direct materials $26,000 Direct labor Department A $12,000 honarmant CA O A. $10,000 OB. 564,000 C. 516,000 OD. 596,000 Manufacturing overhead $800,000 $500,000 The actual material...
Department Fabricating Machining Assembly Total Plant Manufacturing overhead Direct labor 379,750 434,000 97,650 $ 911,4co s 217,000 108,s00 325,500 651,000 Jobs require varying amounts of work in the three departments. he Koopers job,for example, would have required manu costs in the three departments as follows: Direct materials Direct labor Manufacturing overhead Fabricating 4,700 6,200 hining 300 600 Assembly $3,100 7,900 Total Plant 8,100 $14,700 Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current...
Assembly Department Particulars Manufacturing overhead Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours Machining Department AED3,000,000 AED 1,400,000 100.000 hours 50,000 hours AED8,750,000 AED2.500,000 200.000 hours 200,000 hours Assembly Department During May, the job-cost record for Job 707 contained the following Machining Particulars Department Direct matenals used AED65,000 Direct manufacturing labor costs AED24,000 Direct manufacturing labor-hours 1,000 hours Machine-hours 2,800 hours AED45,000 AED17.500 1,500 hours 1,000 hours REQUIRED b. At the end of 2020, the actual manufacturing overhead costs were...
Pages Corporation uses job costing and has two production departments, Mand A Budgeted manufacturing costs for the year are as follow Direct materials Direct labor Factory overhead Dept. M $706, oee 286,000 618,000 Dept. A $106,000 812,000 406,000 The actual direct materials and direct labor costs charged to Job. No. 432 during the year were as follows: $36,000 Direct materials Direct labor: Department M Department A $14,600 18,00 32, eee Pigot applies manufacturing overhead to production orders on the basis...
Southern Rim Parts estimates its manufacturing overhead to be $400,000 and its direct labor costs to be $1,000,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $59,000 for Job 301, $84,000 for Job 302, and $145,000 for Job 303. For the year, actual manufacturing overhead was $429,000 and total direct labor cost was $840,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates....
Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as follows: Direct materials Direct labor Factory overhead Dept. M $708,000 208.000 624,000 Dept. A $108,000 816,000 408,000 The actual direct material and direct labor costs charged to Job. No. 432 during the year were as follows: $38,000 Direct material Direct labor: Department M Department A $ 16,000 20,000 36,000 igot applies manufacturing overhead to production orders on the basis...
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