Homework Answers
| Calculate departmental overhead rate for machining department | |||||
| Overhead rate | Total overhead/Estimated machine hours | ||||
| Overhead rate | 700000/(420000+80000) | ||||
| Overhead rate | 700000/500000 | ||||
| Overhead rate | $1.40 | per machine hour | |||
| Calculate departmental overhead rate for finishing department | |||||
| Overhead rate | Total overhead/Estimated machine hours | ||||
| Overhead rate | 200000/(15000+25000) | ||||
| Overhead rate | 200000/40000 | ||||
| Overhead rate | $5.00 | per direct labor hour | |||
| Calculate machine hour allocated to running apparel | |||||
| Machining department | $107,800 | 77000*1.4 | |||
| Finishing department | $130,000 | 26000*5 | |||
| Total costs allocated | $237,800 | ||||
| Thus, total manufacturing overhead allocated to running apparel is $237,800 | |||||
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Big Trail Running Company has started to produce running apparel in addition to the trail running...
Big Trail Running Company has started to produce running apparel in addition to the trail running...
Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate woukd best reflect their averall manufacturing overhead usage. Based on research the following information was gathered for the upcoming year: Machining Department S800,000 Finishing Departmont Estimated Manufacturing Overhead by Department Trai Running Shoes Running Apparel $100.000 350,000 machine hours 50,000 machine hours 19.000 direct labor hours 81.000 direct labor hours...
Big Trail Running Company has started to produce running apparel in addition to the trail running...
Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. Based on research the following information was gathered for the upcoming year: Machining Department $800,000 Finishing Department $200,000 Estimated Manufacturing Overhead by Department Trail Running Shoes Running Apparel 60,000 machine hours 40,000 machine hours 18,000 direct labor hours 62,000 direct labor hours...
how do i solve Big Trail Running Company has started to produce un aparat in addition...
how
do i solve
Big Trail Running Company has started to produce un aparat in addition to the trail running shoes that they have maractured for years. They foul that a department overheatre would bestretect their overall manufacturing overhead usage. Based on research the blowing information was gathered for the upcoming year Machining Department Finishing Department Estimated Manufacturing Overhead by Department $900.000 $400.000 Trail Running Shoes 430000 machine hours 14 000 direct labor hours Running Apparel 70.000 machine hours 68.000...
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system...
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining 19, eee 3,000 $138,700 Finishing 11,000 6,000 $52,800 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable...
Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system...
Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system...
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
I only need requirement 5 answered please! The Maclin Company uses a job-costing system at its...
I only need requirement 5 answered please!
The Maclin Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Maclin uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows:...
JJ The Fasano Company uses a job-costing system at its over Delaware plant The plant has...
JJ The Fasano Company uses a job-costing system at its over Delaware plant The plant has a machining department and a finishing department Fanano se nommal costing with two direct-cost categories direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the location base) The 2017 budget for the plants as follows Click the icon to view the 2017...
The Granger Company uses a job-costing system at its Dover, Delaware, plant. The plant has a...
The Granger Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Granger uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows: (Click the icon to view the 2017...
The Corporation has two production departments, Casting and Finishing. The company uses a job-order costing system...
The Corporation has two production departments, Casting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Casting Finishing Machine-hours 17,000 7,000 Direct labor-hours 2,000 15,000 Total fixed manufacturing overhead cost $ 105,400 $ 52,800...
Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate woukd best reflect their averall manufacturing overhead usage. Based on research the following information was gathered for the upcoming year: Machining Department S800,000 Finishing Departmont Estimated Manufacturing Overhead by Department Trai Running Shoes Running Apparel $100.000 350,000 machine hours 50,000 machine hours 19.000 direct labor hours 81.000 direct labor hours...
Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. Based on research the following information was gathered for the upcoming year: Machining Department $800,000 Finishing Department $200,000 Estimated Manufacturing Overhead by Department Trail Running Shoes Running Apparel 60,000 machine hours 40,000 machine hours 18,000 direct labor hours 62,000 direct labor hours...
how
do i solve
Big Trail Running Company has started to produce un aparat in addition to the trail running shoes that they have maractured for years. They foul that a department overheatre would bestretect their overall manufacturing overhead usage. Based on research the blowing information was gathered for the upcoming year Machining Department Finishing Department Estimated Manufacturing Overhead by Department $900.000 $400.000 Trail Running Shoes 430000 machine hours 14 000 direct labor hours Running Apparel 70.000 machine hours 68.000...
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining 19, eee 3,000 $138,700 Finishing 11,000 6,000 $52,800 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable...
Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct...
I only need requirement 5 answered please!
The Maclin Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Maclin uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows:...
JJ The Fasano Company uses a job-costing system at its over Delaware plant The plant has a machining department and a finishing department Fanano se nommal costing with two direct-cost categories direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the location base) The 2017 budget for the plants as follows Click the icon to view the 2017...
The Granger Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Granger uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing department with direct manufacturing labor costs as the allocation base). The 2017 budget for the plant is as follows: (Click the icon to view the 2017...
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