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The following information was gathered for the Greensprings Corporation for the most recent year. Manufacturing overhead...
36. Showboat Corporation had actual manufacturing overhead costs for the most recent year of $29,500. Manufacturing...
36.
Showboat Corporation had actual manufacturing overhead costs for the most recent year of $29,500. Manufacturing overhead is allocated using alppredetermined manufacturing overhead rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,250. How many direct labor hours were worked in total during the year? O 20,500 18,833 19,667 833
34. Showboat Corporation had actual manufacturing ovelhead costs for the most recent year of $29,500. Manufacturing...
34.
Showboat Corporation had actual manufacturing ovelhead costs for the most recent year of $29,500. Manufacturing overhead is allocated using a predetermined manufacturing overhead rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,250. How much manufacturing overhead was allocated in total during the year? O $28,250 O $30.750 O $29,500 $1,250
e manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the...
e manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing ove Overhead allocated to production Achial manufacturing overhead costs Predetermined overhead allocation rate $ 399,000 431,000 42 per machine hour Read the requirements Requirement 1. How many machine houts did Portage Canoes use in 2018? Actual machine hours how much? Allocated overhead Requirement 2. Was manufacturing overhead over Estimated machine hours Manufacturing overhead is by Predetermined overhead allocation rate Total...
Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing...
Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on direct labor hours to allocate manufacturing overhead to jobs. Selected data about the company's operations follows: Actual manufacturing overhead cost $500,900 Estimated manufacturing overhead cost $551,000 Estimated direct labor cost $175,200 Estimated direct labor hours 50,500 Actual direct labor hours 60,800 Estimated machine hours 40,300 Actual machine hours 35,800 By how much was manufacturing overhead overallocated or underallocated for the year? (Round intermediary calculations to the nearest cent.) A. $162,428...
Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours $300,600 $290,600...
Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours $300,600 $290,600 20,500 22,900 The estimates were made as of the beginning of the year, while the actual results were for the entire year. The manufacturing overhead for the year would have been_ (Round intermediary calculations to the nearest cent.) O A. $45,114 underallocated. OB. $45,114 overallocated O C. $10,000 overallocated. OD. $10,000 underallocated. Click to select your answer.
The manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the...
The manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing overhead: Overhead allocated to production $ 405,000 Actual manufacturing overhead costs 429,000 Predetermined overhead allocation rate $ 45 per machine hour Read the requirements, Requirement 1. How many machine hours did Portage Canoes use in 2018? = Actual machine hours Requirement 2. Was manufacturing overhead overallocated or underallocated for the year, and by how much? Manufacturing overhead is bys C...
Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job...
Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year 囲(Click the icon to view the cost data.) Read the recuiremants. Requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. 1. Compute the predetermined manufacturing overhead rate. 2. Caloulate the allocated manufacturing overhead for the past year 3. Compute the...
Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job...
Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year 囲(Click the icon to view the cost data.) Read the recuiremants. Requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. 1. Compute the predetermined manufacturing overhead rate. 2. Caloulate the allocated manufacturing overhead for the past year 3. Compute the...
Date: 02/16/20 4. Taylor Company uses normal costing. It allocates manufacturing overhead costs using a budgeted...
Date: 02/16/20 4. Taylor Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The following data are available for 2017: (Click the icon to view the data.) Read the requirements Requirement 1. Calculate the budgeted manufacturing overhead rate. Determine the formula, then calculate the budgeted manufacturing overhead rate. - Budgeted manufacturing overhead rate Requirement 2. Calculate the manufacturing overhead allocated during 2017 Determine the formula, then calculate the manufacturing overhead allocated during 2017 (3)...
Classic Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job...
Classic Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year: Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined manufacturing overhead rate, Enter the formula for predetermined manufacturing overhead rate, then compute the rate. Estimated yearly overhead costs / Estimated yearly machine hours = Predetermined overhead rate per machine hour Requirement 2. Calculate the allocated...
36.
Showboat Corporation had actual manufacturing overhead costs for the most recent year of $29,500. Manufacturing overhead is allocated using alppredetermined manufacturing overhead rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,250. How many direct labor hours were worked in total during the year? O 20,500 18,833 19,667 833
34.
Showboat Corporation had actual manufacturing ovelhead costs for the most recent year of $29,500. Manufacturing overhead is allocated using a predetermined manufacturing overhead rate of $1.50 per direct labor hour. Direct labor cost is $19 per hour. At the end of the year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,250. How much manufacturing overhead was allocated in total during the year? O $28,250 O $30.750 O $29,500 $1,250
e manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing ove Overhead allocated to production Achial manufacturing overhead costs Predetermined overhead allocation rate $ 399,000 431,000 42 per machine hour Read the requirements Requirement 1. How many machine houts did Portage Canoes use in 2018? Actual machine hours how much? Allocated overhead Requirement 2. Was manufacturing overhead over Estimated machine hours Manufacturing overhead is by Predetermined overhead allocation rate Total...
Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours $300,600 $290,600 20,500 22,900 The estimates were made as of the beginning of the year, while the actual results were for the entire year. The manufacturing overhead for the year would have been_ (Round intermediary calculations to the nearest cent.) O A. $45,114 underallocated. OB. $45,114 overallocated O C. $10,000 overallocated. OD. $10,000 underallocated. Click to select your answer.
The manufacturing records for Portage Canoes at the end of the 2018 fiscal year show the following information about manufacturing overhead: Overhead allocated to production $ 405,000 Actual manufacturing overhead costs 429,000 Predetermined overhead allocation rate $ 45 per machine hour Read the requirements, Requirement 1. How many machine hours did Portage Canoes use in 2018? = Actual machine hours Requirement 2. Was manufacturing overhead overallocated or underallocated for the year, and by how much? Manufacturing overhead is bys C...
Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year 囲(Click the icon to view the cost data.) Read the recuiremants. Requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. 1. Compute the predetermined manufacturing overhead rate. 2. Caloulate the allocated manufacturing overhead for the past year 3. Compute the...
Classic Uniforms produces uniforms. The company allocates manufacturing overmead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year 囲(Click the icon to view the cost data.) Read the recuiremants. Requirements Requirement 1. Compute the predetermined manufacturing overhead rate. Enter the formula for predetermined manufacturing overhead rate, then compute the rate. 1. Compute the predetermined manufacturing overhead rate. 2. Caloulate the allocated manufacturing overhead for the past year 3. Compute the...
Date: 02/16/20 4. Taylor Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine-hour. The following data are available for 2017: (Click the icon to view the data.) Read the requirements Requirement 1. Calculate the budgeted manufacturing overhead rate. Determine the formula, then calculate the budgeted manufacturing overhead rate. - Budgeted manufacturing overhead rate Requirement 2. Calculate the manufacturing overhead allocated during 2017 Determine the formula, then calculate the manufacturing overhead allocated during 2017 (3)...
Classic Uniforms produces uniforms. The company allocates manufacturing overhead based on the machine hours each job uses. Classic Uniforms reports the following cost data for the past year: Click the icon to view the cost data.) Read the requirements. Requirement 1. Compute the predetermined manufacturing overhead rate, Enter the formula for predetermined manufacturing overhead rate, then compute the rate. Estimated yearly overhead costs / Estimated yearly machine hours = Predetermined overhead rate per machine hour Requirement 2. Calculate the allocated...
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