Question

View Policies Current Attempt in Progress Tombert Decorating uses a job order cost system to collect the costs of its interio
Prepare the entry to apply the overhead for the year. (Credit account titles are automatically indented when amount is entere
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer Predetewmined overhead rate = estimated manufacturing overhead estimated machine hours = 1,000,000 40,000 = $25 per maJournal Dale particulars 4F Debit& credits Workin 1,037,500 ( Progress Ale 1037,500 To operating overhead Alc (being the comp

Add a comment
Know the answer?
Add Answer to:
View Policies Current Attempt in Progress Tombert Decorating uses a job order cost system to collect...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Tombert Decorating uses a job order cost system to collect the costs of its interior decorating...

    Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client’s consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead $1,000,000 Actual overhead $1,024,800 Estimated decorator hours 40,000 Actual decorator hours 39,800 The company uses the account Operating Overhead in place of Manufacturing Overhead and the account Service Contracts in...

  • Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its...

    Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead Actual overhead Estimated decorator hours Actual decorator hours $1,050,000 $1,039,800 40,000 39,500 The company uses Operating Overhead in place of Manufacturing Overhead and it uses Service Contracts in...

  • Please explain what is wrong here Tombert Decorating uses a job order cost system to collect...

    Please explain what is wrong here Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhea applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead Actual overhead Estimated decorator hours Actual decorator hours $1,000,000 $1,073,800 40,000 40,200 The company uses Operating Overhead in place of Manufacturing Overhead. Your answer is...

  • Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its...

    Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate fob. Overhead is a current year. Estimated overhead Actual overhead Estimated decorator hours Actual decorator hours $1,000,000 $1,058,800 40,000 41,500 The company uses Operating Overhead in place of Manufacturing Overhead. Compute the predetermined overhead rate. Predetermined overhead rate per decorator hour or decorating business. Each client's consultation is treated as a separate Job...

  • Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its...

    Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client’s consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead $1,000,000 Actual overhead $1,014,800 Estimated decorator hours 40,000 Actual decorator hours 40,200 The company uses Operating Overhead in place of Manufacturing Overhead. Compute the predetermined overhead rate. Predetermined...

  • Tombert Decorating uses a job order cost system to collect the costs of its interior decorating...

    Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client’s consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead $990,000 Actual overhead $1,073,800 Estimated decorator hours 40,000 Actual decorator hours 40,200 The company uses Operating Overhead in place of Manufacturing Overhead. Prepare the entry to apply the overhead for...

  • Bramble Decorating uses a job order cost system to collect the costs of its interior decorating...

    Bramble Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client’s consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead $1,000,000 Actual overhead $994,800 Estimated decorator hours 40,000 Actual decorator hours 38,000 The company uses the account Operating Overhead in place of Manufacturing Overhead and the account Service Contracts in...

  • E13 Tombert Decorating uses a job order cost system to collect the costs of its interior...

    E13 Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client’s consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead $960,000 Actual overhead $982,800 Estimated decorator hours 40,000 Actual decorator hours 40,500 The company uses Operating Overhead in place of Manufacturing Overhead. Instructions (a) Compute the predetermined overhead rate....

  • Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its...

    Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead Actual overhead Estimated decorator hours Actual decorator hours $960,000 $995,800 40,000 40,700 The company uses Operating Overhead in place of Manufacturing Overhead. x your answer is incorrect. Try...

  • Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its...

    Exercise 15-13 Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each dlient's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year. Estimated overhead Actual overhead Estimated decorator hours Actual decorator hours $990,000 $1,072,800 40,000 40,600 The company uses Operating Overhead in place of Manufacturing Overhead. Your answer is incorrect. Try again....

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT