Homework Answers
| a. | Computation of single plantwide overhead rate: | |||||
| Single plantwide overhead rate | = | Total factory overheads / Total processing hours | ||||
| = | $46224 / 963 hours | |||||
| = | $ 48 | per processing hour | ||||
| Total factory overheads | ||||||
| Factory Depreciation | = | $ 10,632 | ||||
| Indirect labor | = | $ 26,348 | ||||
| Factory electricity | = | $ 3,005 | ||||
| Indirect materials | = | $ 6,239 | ||||
| Total factory overheads | = | $ 46,224 | ||||
| Total processing hours | ||||||
| Tortilla chips | = | 2700 X 0.10 | = | 270 | ||
| Potato chips | = | 1500 X 0.15 | = | 225 | ||
| Pretzeis | = | 3900 X 0.12 | = | 468 | ||
| Total processing hours | = | = | 963 |
| b. | Total Factory overheads | Per - case Factory overheads | |||
| Tortilla chips | $ 12,960 | $ 4.80 | |||
| Potato chips | $ 10,800 | $ 7.20 | |||
| Pretzeis | $ 22,464 | $ 5.76 | |||
| Total | $ 46,224 | $ 17.76 | |||
| Total Factory overheads | |||||
| Tortilla chips | = | 270 X 48 | = | $ 12,960 | |
| Potato chips | = | 225 X 48 | = | $ 10,800 | |
| Pretzeis | = | 468 X 48 | = | $ 22,464 | |
| Total | = | = | $ 46,224 | ||
| Per - case Factory overheads | |||||
| Tortilla chips | = | $12960 / 2700 | = | $ 4.80 | |
| Potato chips | = | $10800 / 1500 | = | $ 7.20 | |
| Pretzeis | = | $22464 / 3900 | = | $ 5.76 | |
| Total | = | = | $ 17.76 |
Add Answer to:
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $12,633 Indirect labor 31,307 Factory electricity 3,570 Indirect materials 7,414 Selling expenses 17,576 Administrative expenses 9,886 Total costs $82,386 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $22,811 Indirect labor 56,533 Factory electricity 6,447 Indirect materials 13,389 Selling expenses 31,738 Administrative expenses 17,852 Total costs $148,770 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $14,076 Indirect labor 34,884 Factory electricity 3,978 Indirect materials 8,262 Selling expenses 19,584 Administrative expenses 11,016 Total costs $91,800 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $ 33,120 Indirect labor 82,800 Factory electricity 8,280 Indirect materials 31,800 Selling expenses 22,000 Administrative expenses 29,000 Total costs $207,000 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: $ 33,120 82,800 8,280 Factory depreciation Indirect labor Factory electricity Indirect materials Selling expenses Administrative expenses 31,800 22,000 29,000 Total costs $207,000 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $29,435 Indirect labor Factory electricity 8,319 < Indirect materials 17,277 Selling expenses 40,954 Administrative expenses 23,035 Total costs $191,970 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips,...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $13,394 Indirect labor 33,195 Factory electricity 3,785 Indirect materials 7,862 Selling expenses 18,636 Administrative expenses 10,482 Total costs $87,354 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $11,668 Indirect labor 28,916 Factory electricity 3,297 Indirect materials 6,849 Selling expenses 16,234 Administrative expenses 9,131 Total costs $76,095 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $23,909 Indirect labor 59,251 Factory electricity Indirect materials Selling expenses Administrative expenses 6,757 14,033 33,264 18,711 Total costs $155,925 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation Indirect labor Factory electricity $18,779 46,539 5,307 11,023 26,127 Indirect materials Selling expenses Administrative expenses 14,697 Total costs $122.472 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: $ 33,120 82,800 8,280 Factory depreciation Indirect labor Factory electricity Indirect materials Selling expenses Administrative expenses 31,800 22,000 29,000 Total costs $207,000 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $29,435 Indirect labor Factory electricity 8,319 < Indirect materials 17,277 Selling expenses 40,954 Administrative expenses 23,035 Total costs $191,970 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $13,394 Indirect labor 33,195 Factory electricity 3,785 Indirect materials 7,862 Selling expenses 18,636 Administrative expenses 10,482 Total costs $87,354 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $23,909 Indirect labor 59,251 Factory electricity Indirect materials Selling expenses Administrative expenses 6,757 14,033 33,264 18,711 Total costs $155,925 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation Indirect labor Factory electricity $18,779 46,539 5,307 11,023 26,127 Indirect materials Selling expenses Administrative expenses 14,697 Total costs $122.472 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted...
Most questions answered within 3 hours.
-
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 9 minutes ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 1 hour ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 1 hour ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 1 hour ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 2 hours ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 2 hours ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 2 hours ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 2 hours ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 2 hours ago -
Consider a 1.0 L buffer containing 0.092 mol L-1 HCOOH and 0.100
mol L-1 HCOO-. What...
asked 3 hours ago -
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 3 hours ago -
It is estimated 29% of all adults in United States invest in
stocks and that 85%...
asked 3 hours ago