Homework Answers
| Total Estimated Overheads of the Plant: | |||||
| Variable OH: | |||||
| Forming (7,000 DLH @1.30) | 9100 | ||||
| Assembly (3,000 DLH @ 2.80) | 8400 | ||||
| Total Variable overheads | 17,500 | ||||
| Fixed OH: | |||||
| Forming | 40,600 | ||||
| Assembly | 12,900 | ||||
| Total Fixed Overheads | 53,500 | ||||
| Total Estimated Overheads of the Plant: | 71,000 | ||||
| Plant wide overheads rate per DLH: | |||||
| Total estimated overheads of the plant | 71,000 | ||||
| Divide: Total DLH (7000+3000) | 10,000 | ||||
| Plant wide overheads rate per DLH: | 7.1 | per DLH | |||
| Answer is $ 7.10 per direct labour hour | |||||
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Roberts Corporation has two manufacturing departments: Forming and Assembly. The following data were available at the...
Saved Hele Save &Em Almaraz Corporation has two manufacturting departments-Forming and Fintshing The company used the...
Saved Hele Save &Em Almaraz Corporation has two manufacturting departments-Forming and Fintshing The company used the followng data at the beginning of the year to caiculate predetemned overtead rates Estimated total machine-hours (Mts) Forming Finishing Total 7,000 $40, 600 $ 8,100 $48,700 $ 1.30 $ 2.80 3,00e 10,00e Estimated total fixed nanufacturing overhead cost Estimated variable manufacturing overhead cost per MH Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine hours. That predetermmed manufactunng overhead...
Marioni Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the...
Marioni Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Forming Assembly Total Estimated total machine-hours (MHs) 7,000 3,000 $9,000 $ 2.60 10,000 $46,100 Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH $37,100 1.70 During the most recent month, the company started and completed two jobs--Job B and Job H. There were no beginning inventories. Data concerning those two jobs...
Hultquist Corporation has two manufacturing departments --Forming and Customizing. The company used the following data at...
Hultquist Corporation has two manufacturing departments --Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming Customizing 3,000 7,000 $10,800 $15,400 $ 1.00 $ 2.00 Total 10,000 $26,200 During the period, the company started and completed two jobs --Job C and Job L. Data concerning those two jobs follow: Direct materials Direct...
Harnett Corporation has two manufacturing departments--Molding and Assembly. The company used the following data at the...
Harnett Corporation has two manufacturing departments--Molding
and Assembly. The company used the following data at the beginning
of the period to calculate predetermined overhead rates:
Molding
Assembly
Total
Estimated total machine-hours (MHs)
3,000
7,000
10,000
Estimated total fixed manufacturing overhead cost
$
24,000
$
53,200
$
77,200
Estimated variable manufacturing overhead cost per MH
$
1.00
$
2.00
During the period, the company started and completed two
jobs--Job E and Job M. Data concerning those two jobs follow:
Job E...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the...
Hultquist Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Forming Customizing Total Estimated total machine-hours (MHs) 3,000 7,000 10,000 Estimated total fixed manufacturing overhead cost $ 10,500 $ 18,200 $ 28,700 Estimated variable manufacturing overhead cost per MH $ 1.00 $ 2.00 During the period, the company started and completed two jobs--Job C and Job L. Data concerning those two jobs follow: Job C...
Ahlheim Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system...
Ahlheim Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department’s predetermined overhead rate is based on machine-hours and the Assembly 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: Forming Assembly Machine-hours 16,000 15,000 Direct labor-hours 2,000 6,000 Total fixed manufacturing overhead cost $ 102,400 $ 55,200...
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the...
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 5,000 $ 28,000 $ 1.80 5,000 $ 10,500 $ 2.60 Total 10,000 $ 38,500 During the most recent month, the company started and completed two jobs-- Job B and Job L. There were no beginning inventories. Data...
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the...
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 5,000 $ 28,000 $ 1.80 Assembly 5,000 $ 10,500 $ 2.60 Total 10,000 $ 38,500 During the most recent month, the company started and completed two jobs-- Job B and Job L. There were no beginning inventories...
Muldorf, Inc. has two manufacturing departments, Forming and Assembly. The company applies manufacturing overhead to jobs...
Muldorf, Inc. has two manufacturing departments, Forming and Assembly. The company applies manufacturing overhead to jobs using a predetermined rate based on machine hours in the Forming Department and on direct labor hours in the Assembly Department. Information used to compute predetermined rates is given below: Forming Assembly Estimated total manufacturing overhead cost $325,000 $200,000 Estimated machine hours 100,000 50,000 Estimated direct labor hours 25,000 80,000 Job 99 required 400 machine hours in the Forming Department and 200 direct labor...
Harnett Corporation has two manufacturing departments--Molding and Assembly. The company used the following data at the...
Harnett Corporation has two manufacturing departments--Molding and Assembly. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Molding 7,000 $ 39,900 $ 2.00 Assembly 3,000 $ 18,600 $ 4.00 Total 10,000 $ 58,500 During the period, the company started and completed two jobs--Job E and Job M. Data concerning those two jobs follow: Direct materials...
Saved Hele Save &Em Almaraz Corporation has two manufacturting departments-Forming and Fintshing The company used the followng data at the beginning of the year to caiculate predetemned overtead rates Estimated total machine-hours (Mts) Forming Finishing Total 7,000 $40, 600 $ 8,100 $48,700 $ 1.30 $ 2.80 3,00e 10,00e Estimated total fixed nanufacturing overhead cost Estimated variable manufacturing overhead cost per MH Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine hours. That predetermmed manufactunng overhead...
Marioni Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Forming Assembly Total Estimated total machine-hours (MHs) 7,000 3,000 $9,000 $ 2.60 10,000 $46,100 Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH $37,100 1.70 During the most recent month, the company started and completed two jobs--Job B and Job H. There were no beginning inventories. Data concerning those two jobs...
Hultquist Corporation has two manufacturing departments --Forming and Customizing. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming Customizing 3,000 7,000 $10,800 $15,400 $ 1.00 $ 2.00 Total 10,000 $26,200 During the period, the company started and completed two jobs --Job C and Job L. Data concerning those two jobs follow: Direct materials Direct...
Harnett Corporation has two manufacturing departments--Molding
and Assembly. The company used the following data at the beginning
of the period to calculate predetermined overhead rates:
Molding
Assembly
Total
Estimated total machine-hours (MHs)
3,000
7,000
10,000
Estimated total fixed manufacturing overhead cost
$
24,000
$
53,200
$
77,200
Estimated variable manufacturing overhead cost per MH
$
1.00
$
2.00
During the period, the company started and completed two
jobs--Job E and Job M. Data concerning those two jobs follow:
Job E...
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 5,000 $ 28,000 $ 1.80 5,000 $ 10,500 $ 2.60 Total 10,000 $ 38,500 During the most recent month, the company started and completed two jobs-- Job B and Job L. There were no beginning inventories. Data...
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Forming 5,000 $ 28,000 $ 1.80 Assembly 5,000 $ 10,500 $ 2.60 Total 10,000 $ 38,500 During the most recent month, the company started and completed two jobs-- Job B and Job L. There were no beginning inventories...
Harnett Corporation has two manufacturing departments--Molding and Assembly. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Molding 7,000 $ 39,900 $ 2.00 Assembly 3,000 $ 18,600 $ 4.00 Total 10,000 $ 58,500 During the period, the company started and completed two jobs--Job E and Job M. Data concerning those two jobs follow: Direct materials...
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