Homework Answers
Answer:-
Predetermined Overhead rate = Estimated Over Head/Direct Labour Hours
Predetermined Overhead rate = 516368/21880
Predetermined Overhead rate = $23.6
Workings :-
((21700*23.6)-516368)) = -4248
Here, the correct option is "C" - Underapplied 4248
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Crich Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the...
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year,...
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,940 hours and the total estimated manufacturing overhead was $530,948. At the end of the year, actual direct labor-hours for the year were 21,850 hours and the actual manufacturing overhead for the year was $530,948. Overhead at the end of the year was: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $2,228 underapplied $2,178 underapplied $2,178 overapplied...
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Golden Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 22,500 hours. At the end of the year, actual direct labor-hours for the year were 21,300 hours, the actual manufacturing overhead for the year was $548,320, and manufacturing overhead for the year was underapplied by $24,340. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been: Multiple Choice $543,140. $573,746....
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Mackinaw Manufacturing Corporation uses a predetermined overhead rate based on direct labor hours to apply manufacturing...
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Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,940 hours and the total estimated manufacturing overhead was $530,948. At the end of the year, actual direct labor-hours for the year were 21,850 hours and the actual manufacturing overhead for the year was $530,948. Overhead at the end of the year was: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $2,228 underapplied $2,178 underapplied $2,178 overapplied...
please explain
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