Homework Answers
Answer
| Plant wide single overhead rate | $58 | Per labor hour |
Calculated as
Total manufacturing overhead = $1267200+$670000 = $1937200
Total Direct labor hours in Assembly and finishing department = 12700+20700 = 33400
Plant wide overhead rate on the basis of labor hours = Total Manufacturing overhead/Total Direct labor hours
= $1937200/33400
= $58 Per labor hours
Hit Thumbs up if satisfied
Have any query mention in comment section please
Thank you
Add Answer to:
Saved Help Se QS 17-4 Computing plantwide overhead rates LO P1 Rafner Manufacturing identified the following...
QS 17-4 Computing plantwide overhead rates LO P1 Rafner Manufacturing identified the following budgeted data in...
QS 17-4 Computing plantwide overhead rates LO P1 Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,120, 800 11,100 DLH 5,100 MH Finishing $ 510,000 19,100 DLH 15,100 MH Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the company's single plantwide overhead rate based on machine hours?
QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in...
QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in its two production departments, Manufacturing overhead coats Direct labor hours Machine hours Assembly $1,146,300 11,400 DLH 5.400 MH Finishing $540,000 19.400 DLH 15, 400 M Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? The departmental overhead rate for Assembly The departmental overhead rate...
QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in...
QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly $1,218,700 12,200 DLH 6,200 MH Manufacturing overhead costs Direct labor hours Machine hours Finishing $620,000 20,200 DLH 16,200 MH points (8 03:15:46 Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? Hint The departmental overhead rate for Assembly G...
What is the company’s Finishing department overhead rate using machine hours? Check my work Rafner Manufacturing...
What is the company’s Finishing department overhead rate using
machine hours?
Check my work Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,267,200 12,700 DLH 6,700 MH Finishing $ 670,000 20,700 DLH 16,700 MH points eBook Required: What is the company's Finishing department overhead rate using machine hours? Print References The departmental overhead rate for Finishing Estimated overhead costs Estimated machine hours
14-17 Saved Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead...
14-17 Saved Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours ! Assembly $1,228,200 12,300 DLH 6,300 MH Finishing $630,000 20, 300 DLH 16,300 MH Required: What is the company's assembly department overhead rate using direct labor hours? The departmental overhead rate for Assembly
Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct...
Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,247,500 12,500 DLH 6,500 MH Finishing $ 650,000 20,500 DLH 16,500 MH points Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the company's single plantwide overhead rate based on machine hours?
Rafner Manufacturing identified the following budgeted data in its two production departments Assembly $1,181,700 Finishing $580,000...
Rafner Manufacturing identified the following budgeted data in its two production departments Assembly $1,181,700 Finishing $580,000 19,800 DLH 15,800 MH Manufacturing overhead costs Direct labor hours Machine hours 11,800 DLH 5,800 MH Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? 05 The departmental overhead rate for Assembly The departmental overhead rate for Finishing
Exercise 17-1 Computing plantwide overhead rates LO P1 Xie Company identified the following activities, costs, and...
Exercise 17-1 Computing plantwide overhead rates LO P1 Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-ka Deluxe and Basic Expected Costs 625,800 Expected Activit 100,000 parts Inspecting product ,e00 1,500 batches 05,800 175,000 300,000 75,000 00 orders 500 invoices 40,000 square feet 2 models Paying suppliers Insuring the factory Required 1. Compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125.000 budgeted direct labor...
Tableau DA 17-1: Quick Study, Computing plantwide overhead rates LO P1 Chrom Co. manufactures two models,...
Tableau DA 17-1: Quick Study, Computing plantwide overhead rates
LO P1
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing Assembly 75,000 hrs...
Exercise 17-1 Computing plantwide overhead rates LO P1 Xie Company identified the following activities, costs, and...
Exercise 17-1 Computing plantwide overhead rates LO P1 Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-karts: Deluxe and Basic Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $ 625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required: 1. Compute a single plantwide overhead rate, assuming that the...
QS 17-4 Computing plantwide overhead rates LO P1 Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,120, 800 11,100 DLH 5,100 MH Finishing $ 510,000 19,100 DLH 15,100 MH Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the company's single plantwide overhead rate based on machine hours?
QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in its two production departments, Manufacturing overhead coats Direct labor hours Machine hours Assembly $1,146,300 11,400 DLH 5.400 MH Finishing $540,000 19.400 DLH 15, 400 M Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? The departmental overhead rate for Assembly The departmental overhead rate...
QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly $1,218,700 12,200 DLH 6,200 MH Manufacturing overhead costs Direct labor hours Machine hours Finishing $620,000 20,200 DLH 16,200 MH points (8 03:15:46 Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? Hint The departmental overhead rate for Assembly G...
What is the company’s Finishing department overhead rate using
machine hours?
Check my work Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,267,200 12,700 DLH 6,700 MH Finishing $ 670,000 20,700 DLH 16,700 MH points eBook Required: What is the company's Finishing department overhead rate using machine hours? Print References The departmental overhead rate for Finishing Estimated overhead costs Estimated machine hours
14-17 Saved Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours ! Assembly $1,228,200 12,300 DLH 6,300 MH Finishing $630,000 20, 300 DLH 16,300 MH Required: What is the company's assembly department overhead rate using direct labor hours? The departmental overhead rate for Assembly
Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,247,500 12,500 DLH 6,500 MH Finishing $ 650,000 20,500 DLH 16,500 MH points Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the company's single plantwide overhead rate based on machine hours?
Rafner Manufacturing identified the following budgeted data in its two production departments Assembly $1,181,700 Finishing $580,000 19,800 DLH 15,800 MH Manufacturing overhead costs Direct labor hours Machine hours 11,800 DLH 5,800 MH Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? 05 The departmental overhead rate for Assembly The departmental overhead rate for Finishing
Exercise 17-1 Computing plantwide overhead rates LO P1 Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-ka Deluxe and Basic Expected Costs 625,800 Expected Activit 100,000 parts Inspecting product ,e00 1,500 batches 05,800 175,000 300,000 75,000 00 orders 500 invoices 40,000 square feet 2 models Paying suppliers Insuring the factory Required 1. Compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125.000 budgeted direct labor...
Tableau DA 17-1: Quick Study, Computing plantwide overhead rates
LO P1
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing Assembly 75,000 hrs...
Exercise 17-1 Computing plantwide overhead rates LO P1 Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-karts: Deluxe and Basic Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $ 625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required: 1. Compute a single plantwide overhead rate, assuming that the...
Most questions answered within 3 hours.
-
A and B face the choice of working in a safe
mine at €200/wk or an...
asked 3 minutes ago -
True or false: couldnt figure out these few
- When charges are only located OUTSIDE an...
asked 11 minutes ago -
Given the following function:
int fun1(int count){
int Num ;
for (i = 0; i <...
asked 12 minutes ago -
Please submit your paper topic so that I can review it and make
any necessary suggestions...
asked 12 minutes ago -
Why are there so many theories of addiction? (Consider the
adequacy of each theory in relation...
asked 16 minutes ago -
22mL of 0.1020M Naoh is used in a titration against an unknown
1M acid (30mL). Determine...
asked 24 minutes ago -
Solve for distance using 90 db = 85 db + 20 log (20 ft/
distance)
1.8...
asked 26 minutes ago -
Aluminum is cast in an insulating ceramic mold with no
superheat. The thickness of the casting...
asked 44 minutes ago -
Discuss the current status of Ulmus americana and the reasons for
it status. (answer in detail...
asked 55 minutes ago -
Q3. A car moves with a constant velocity of 25m/s east with
respect to a person...
asked 1 hour ago -
If a bond currently sold at $865 with a yield to maturity of 8%
and a...
asked 1 hour ago -
Q20
You are an international MIS consultant and have been asked to
brief a potential client...
asked 1 hour ago