In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by...
In December 2016. Custom Mig established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions overhead costs, $360,000, and direct materials costs, $200.000. At year-end 2017, the company's records show th actual overhead costs for the year are $921,300. Actual direct material cost had been assigned to jobs as follows. Jobs completed and sold Jobs in finished goods Inventory Jobs in work in process inventory Total actual direct materials cost $370,000 84, 53.00 $50,00...
In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions: overhead costs, $1,260,000, and direct materials costs, $600,000. At year-end 2017, the company's records show that actual overhead costs for the year are $1,060,300. Actual direct material cost had been assigned to jobs as follows. Jobs completed and sold Jobs in finished goods inventory Jobs in work in process inventory Total actual direct materials cost $ 370,000 82,000 49,000...
In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions: overhead costs, $750,000, and direct materials costs, $625,000. At year-end 2017, the company’s records show that actual overhead costs for the year are $830,000. Actual direct material cost had been assigned to jobs as follows. Jobs completed and sold $ 513,750 Jobs in finished goods inventory 102,750 Jobs in work in process inventory 68,500 Total actual direct materials cost...
In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions: overhead costs, $750,000, and direct materials costs. $625,000. At year-end 2017, the company's records show that actual overhead costs for the year are $830,000. Actual direct material cost had been assigned to jobs as follows Jobs completed and sold Jobs in finished goods inventory Jobs in work in process inventory Total actual direct materials cost $513.750 102,750 68, see...
Check my work At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: overhead costs, S640,000, and direct materials costs, $200,000. At year-end, the company's records show that actual overhead costs for the year are $1,590,400. Actual direct materials cost had been assigned to jobs as follows. Jobs completed and sold Jobs in finished goods Inventory Jobs in work in process inventory Total actual direct materials cost $370,000 75,000 49,000 $494,000...
Check At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cos predictions: overhead costs, $1,500,000, and direct materials costs, $500,000. At year-end, the company's record show that actual overhead costs for the year are $1,626,700. Actual direct materials cost had been assigned to job follows. Jobs completed and sold Jobs in finished goods inventory Jobs in work in process inventory Total actual direct materials cost $420,000 74,000 45,000 $539,000 1. Determine the...
At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: overhead costs, $1,160,000, and direct materials costs, $400,000. At year-end, the company's records show that actual overhead costs for the year are $1,494,300. Actual direct materials cost had been assigned to jobs as follows. Jobs completed and sold Jobs in finished goods inventory Jobs in work in process inventory Total actual direct materials cost $370,000 85,000 57.000 $512,000 1. Determine the...
In December 2016. Custom Mig established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions overhead costs, $750,000, and direct materials costs, $500,000. At year-end 2017, the company's records show that actual overhead costs for the year are $773,800. Actual direct material cost had been assigned to jobs as follows $380,000 72.000 Jobs completed and sold Jobs in finished goods Inventory Jobs in work in process inventory Total actual direct materials cost $510,000 1....
At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: overhead costs, $1,040,000, and direct materials costs, $400,000. At year-end, the company's records show that actual overhead costs for the year are $1,307,400. Actual direct materials cost had been assigned to jobs as follows. Jobs completed and sold Jobs in finished goods inventory Jobs in work in process inventory Total actual direct materials cost $370,000 70,000 59,000 $499,000 1. Determine the...
At the beginning of the year, Custom Mfg. established its predetermined overhead rate by using the following cost predictions: overhead costs $960,000, and direct materials costs, $400,000. At year-end, the company's records show that actual overhead costs for the year are $1,183,500. Actual direct materials cost had been assigned to jobs as follows. Jobs completed and sold Jobs in finished goods inventory Jobs in work in process inventory Total actual direct materials cost $350,000 84,000 55,000 $489,000 1. Determine the...