.(a) | ||
Overhead rate | ||
Department D ( Estimated manufacturing overhead / Estimated Direct labor cost = 1280000 / 1600000 ) | 80.00% | |
Department E ( Estimated manufacturing overhead / Estimated direct labor hours = 1500000 / 125000 ) | 12.00 | per direct labor hour |
Department K ( Estimated manuafcturing overhead / Estimated machine hours = 840000 / 120000 ) | 7.00 | per machine hour |
.(b) | |
Manufacturing costs | |
Department D [ Overhead rate * Actual direct labor cost = 80% * 126000 ] | 100800 |
Department D [ Overhead rate * Actual direct labor hour = 12 * 11550 ] | 138600 |
Department D [ Overhead rate * Actual machine hour = 7 * 10380 ] | 72660 |
.(c) | ||
Manufacturing overhead [ Actual overhead incurred - Overhead applied ] | ||
Department D [ 103950 - 100800 ] | 3150 | Underapplied |
Department E [ 105000 - 138600 ] | 33600 | Overapplied |
Department K [ 82950 - 72660 ] | 10290 | Underapplied |
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anment CALCULATOR FULL SCREEN BACK MESSAGE HY INSTRUCTOR PRINTER VERSION NEXT Problem 2-4A (Video) (Part Level Submission) Agassi Company uses a job order cost system in each of its three manufacturing departments, Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct...
Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. D Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,280,000 $1,600,000 105,000 420,000 Department E $1,500,000 $1,312,500 125,000 525,000...
Problem 20-04A a-c (Part Level Submission) (Video) Culumber Company uses a job order cost system in each of its three manufacturing departments. labor cost in Department D, direct labor hours in Department E, and machine hours in Department Kanufacturing overhead is applied to jobs on the basis of direc In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Manufacturing overhead$1,280,000 $1,500,000 $840,000 1,600,000 $1,312,500 $472,500 125,00042,000 420,000 525,000 120,000 Direct labor costs Direct...
Problem 2-4A (Video) Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,260,000 $1,800,000 100,000 400,000 $1,750,000 $1,250,000 125,000...
Agassi Company uses a job order cost system in each of its three manufacturing departments, Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $990,000 $1,237,500 150,000 600,000 $1,750,000 $1,875,000 125,000 750,000 $1,080,000 $675,000...
US Weygandt, Managerial Accounting, se Help System Announcements CALCULATOR PRINTER VERSION < BACK NEXT CES Exercise 5-5 a1-a2 (Video) The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Total Machine Maintenance costs Month Hours January $2,640 3,500 February 3,000 4,000 March 3,600 6,000 April 4,500 7,900 May 3,200 5,000 June 4,620 8,000 Study letoc Excha Determine the variable-cost components using the high-low method (Round answer to...
u Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT Do It! Review 23-3 The standard cost of product 5252 includes 1.90 hours of direct labor at $10.90 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 4,000 hours of direct labor at an average rate of $11.20 per hour and $81,800 of manufacturing overhead costs. It produced 2,000 units. (a) Compute the total, price, and quantity variances for labor Total labor variance...
can someone please tell me the correct answer and why i did wrong? Problem 15-04A - (Video) Sheridan Company uses a job order cost system in each of its three manufacturing departments, Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct...
Problem 2-4A (Video) (Part Level Submission) Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on Ehe basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department D Manufacturing overhead Direct labor costs Direct labor hours Machine hours $1,170,000 $1,462,500 100,000...
Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department D, direct labor hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department D E K Manufacturing overhead $1,260,000 $1,625,000 $960,000 Direct labor costs $1,800,000 $1,375,000 $495,000 Direct labor hours 110,000 125,000 44,000...