Homework Answers
Predetermined overhead rate = Estimated overhead / Estimated labor cost
= $450000/$750000
= $0.60
Manufacturing overhead applied to production = predetermined overhead rate * actual direct labor costs
= $0.60 * $101250
= $60,750
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At the beginning of the year, Cruez Company estimated manufacturing overhead cost for the year would...
At the beginning of the year, Cruez Company estimated manufacturing overhead cost for the year would...
At the beginning of the year, Cruez Company estimated manufacturing overhead cost for the year would be $450,000 and direct labor cost would be $750,000. Cruez uses normal costing and applies overhead on the basis of direct labor cost. For the month of August, direct labor cost was $101,250. What is the manufacturing overhead applied to production in the month of August? $30,000 O $34,725 ho $46,300 $60,750 None of the above
The following information is related to Alpha Company: Estimated manufacturing overhead costs for the year Actual...
The following information is related to Alpha Company: Estimated manufacturing overhead costs for the year Actual manufacturing overhead costs for the year Estimated direct labor hours for the year Actual direct labor hours for the year $254,000 $202,000 50,000 35,000 Alpha uses normal costing and applies overhead on the basis of direct labor hours. The predetermined overhead rate of Alpha Company is: a. $7.3 per hour. b. $4.0 per hour. c. $5.1 per hour. d. $8.8 per hour.
Predetermined Overhead , Owerhead ction At the beginning of the ye merg company estimated the wing...
Predetermined Overhead , Owerhead ction At the beginning of the ye merg company estimated the wing costs Det 9416.000 520,000 Direct labor cout berg uses normal costing and applies Overhead on the 2 me month of December, direct labor cost was $39.900 Required centage . 1. Calculate the predetermined overhead rate for the year of direct boost 2. Ch
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $881,200 Direct labor hours 93,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 19,530. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ per direct labor hour 2. Calculate the overhead applied to production in March....
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $876,200 Direct labor hours 89,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 17,800. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $498,300 Direct labor hours 85,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 17,050. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ per direct labor hour 2. Calculate the overhead applied to production in March....
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $445,300 Direct labor hours 76,500 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 13,005. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $900,100 Direct labor hours 90,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 21,600. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ 10.00 per direct labor hour 2. Calculate the overhead applied to production in...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $702,800 Direct labor hours 86,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 21,563. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ 8.15 per direct labor hour 2. Calculate the overhead applied to production in...
help The Watts Company uses predetermined overhead rates to y manufacturing overhead to jobs the predetermined...
help
The Watts Company uses predetermined overhead rates to y manufacturing overhead to jobs the predetermined overhead rate is based on labor cost in Dept A and on machine hours in Dept. 8. At the beginning of the year, the company made the following estimates: Dept. A Dept. B Direct Labor Cost $30,000 $40,000 Manufacturing Overhead 60.000 50,000 Direct Labor Hours 6,000 8.000 Machine Hours 10,000 2,000 What predetermined overhead rates would be used in Dept. A and Dept. 8....
At the beginning of the year, Cruez Company estimated manufacturing overhead cost for the year would be $450,000 and direct labor cost would be $750,000. Cruez uses normal costing and applies overhead on the basis of direct labor cost. For the month of August, direct labor cost was $101,250. What is the manufacturing overhead applied to production in the month of August? $30,000 O $34,725 ho $46,300 $60,750 None of the above
The following information is related to Alpha Company: Estimated manufacturing overhead costs for the year Actual manufacturing overhead costs for the year Estimated direct labor hours for the year Actual direct labor hours for the year $254,000 $202,000 50,000 35,000 Alpha uses normal costing and applies overhead on the basis of direct labor hours. The predetermined overhead rate of Alpha Company is: a. $7.3 per hour. b. $4.0 per hour. c. $5.1 per hour. d. $8.8 per hour.
Predetermined Overhead , Owerhead ction At the beginning of the ye merg company estimated the wing costs Det 9416.000 520,000 Direct labor cout berg uses normal costing and applies Overhead on the 2 me month of December, direct labor cost was $39.900 Required centage . 1. Calculate the predetermined overhead rate for the year of direct boost 2. Ch
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $876,200 Direct labor hours 89,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 17,800. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $498,300 Direct labor hours 85,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 17,050. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ per direct labor hour 2. Calculate the overhead applied to production in March....
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $445,300 Direct labor hours 76,500 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 13,005. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $900,100 Direct labor hours 90,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 21,600. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ 10.00 per direct labor hour 2. Calculate the overhead applied to production in...
Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $702,800 Direct labor hours 86,250 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 21,563. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $ 8.15 per direct labor hour 2. Calculate the overhead applied to production in...
help
The Watts Company uses predetermined overhead rates to y manufacturing overhead to jobs the predetermined overhead rate is based on labor cost in Dept A and on machine hours in Dept. 8. At the beginning of the year, the company made the following estimates: Dept. A Dept. B Direct Labor Cost $30,000 $40,000 Manufacturing Overhead 60.000 50,000 Direct Labor Hours 6,000 8.000 Machine Hours 10,000 2,000 What predetermined overhead rates would be used in Dept. A and Dept. 8....
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