Homework Answers
1) Calculate total manufacturing overhead for the period
| Indirect material | 5000 |
| Indirect labor | 36000 |
| Factory utilities | 1500 |
| Lease payment for manufacturing facilities | 10500 |
| Factory supervisor's salary | 10000 |
| Total manufacturing overhead | 63000 |
So answer is $63000
Note : Please post each question individually as per Chegg guidelines
Add Answer to:
Problem Question Chapter 2-6 Points The following data is available for a manufacturing company: Indirect materials...
Homestead Company anticipates that they will incur the following costs and expenses during the coming year:...
Homestead Company anticipates that they will incur the following costs and expenses during the coming year: Direct material: $250,000 Direct labor (@ $11/hr.): $99,000 Indirect material: $12,000 Indirect labor $15,000 Factory depreciation: $27,000 Selling expenses: $17,000 Non-factory office expenses: $16,000 Other manufacturing overhead: $18,000 If manufacturing overhead is assigned on the basis of direct labor hours, what is the predetermined manufacturing overhead rate for the coming year?
homework help i need to learn this for my exam Calculate and Use Manufacturing Overhead Rate...
homework help i need to learn this for my exam
Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating data: Direct material (15,000 lb.) $45.000 Direct labor(512/hr.) 96,000 Indirect material 7,000 Indirect labor 12.000 Sales commissions 18.000 Factory administration 13.000 Non factory administrative expenses 14,000 Other manufacturing overhead 28.000 "Machine hours are 30,000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of...
Exercise B: Calculate and Use Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates...
Exercise B: Calculate and Use Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating date related to Job 128: Direct material (15,000 lb.) Direct labor (@ $12 per hour) $45,000 $96,000 Indirect material $7,000 Indirect labor $12,000 Sales commissions $18,000 Factory administration $13,000 Non-factory administration expenses $14,000 Other manufacturing overhead * $28,000 *Machine hours are 30,000. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application...
Chapter 3 Cost Accounting Systems: Job Order Costing PROBLEMS-SET A Note: In both problem sets, assume...
Chapter 3 Cost Accounting Systems: Job Order Costing PROBLEMS-SET A Note: In both problem sets, assume perpetual inventory procedures, a single Manufacturing Overhead first in, first-out (FIFO) costing of inventories, and that the Materials Inventory account is the controla for both direct material and indirect material. P3-IA. Determine and Use Overhead Rate Cortez Consulting, Inc., expects the following costs and penses during the coming year: LO3,5 SERVICE AND Direct labor ($9/hr.) .... Sales commissions Overhead S162.000 37,000 144,000 Required Compute...
Homework - Chapter 2 G Saved 4 Exercise 2-6 Job-Order Costing for a Service Company [LO2-1,...
Homework - Chapter 2 G Saved 4 Exercise 2-6 Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3] Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters...
If you could please explain how you get the answers it would really help me ES...
If you could please explain how you get the
answers it would really help me
ES LO2 E3-3A. Calculate and Use Overhead Rate During the coming accounting year, Baker Manufacturing anticipates the following costs, expenses, and operating data: OWO ome MBC Direct material (16,000 lb.). ..... Direct labor (@ $10/hr.) ...... Indirect materials . . . . . . . . . . . Indirect labor. ........... Sales commissions............ Factory administration ..... Nonfactory administrative expenses. ... Other manufacturing overhead* ...........
please help asap Support Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester...
please help asap
Support Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc, anticipates the following costs, expenses, and operating data: Direct material(15.000 Director 512 120.000 Indirect material 7000 Indrea labor Sales commissions 18.000 Factory administration 1300 Non factory administrative expenses 1400 Other manufacturing overhead 28.000 Machine hours are 30 000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direct labor hours, (2)...
Chapter 3 Handout Exercise ine following cost data relate to the manufacturing activities of Black Company...
Chapter 3 Handout Exercise ine following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 3,000 5,000 10,000 24,000 6,000 $48,000 Manufacturing overhead costs incurred: Property taxes, factory...... Utilities, factory .... Indirect labor ............ Depreciation, factory...... Insurance, factory .......... Total actual manufacturing overhead costs.... · Other costs incurred: Purchases of raw materials. ... ... Direct labor cost ............ Inventories: Raw materials, beginning ... Raw materials, ending....... Work in process, beginning .. Work in...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,880. Estimated direct labor cost was $438,480 for 18,900 hours. Actual costs for the most recent month are summarized here: Total Cost $43,849 Item Description Direct labor (1,890 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,810. Estimated direct labor cost was $441,210 for 19,100 hours. Actual costs for the most recent month are summarized here: Total Cost $44,122 Item Description Direct labor (1,910 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
homework help i need to learn this for my exam
Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating data: Direct material (15,000 lb.) $45.000 Direct labor(512/hr.) 96,000 Indirect material 7,000 Indirect labor 12.000 Sales commissions 18.000 Factory administration 13.000 Non factory administrative expenses 14,000 Other manufacturing overhead 28.000 "Machine hours are 30,000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of...
Exercise B: Calculate and Use Overhead Rate During the coming accounting year, Ester Manufacturing, Inc., anticipates the following costs, expenses, and operating date related to Job 128: Direct material (15,000 lb.) Direct labor (@ $12 per hour) $45,000 $96,000 Indirect material $7,000 Indirect labor $12,000 Sales commissions $18,000 Factory administration $13,000 Non-factory administration expenses $14,000 Other manufacturing overhead * $28,000 *Machine hours are 30,000. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application...
Chapter 3 Cost Accounting Systems: Job Order Costing PROBLEMS-SET A Note: In both problem sets, assume perpetual inventory procedures, a single Manufacturing Overhead first in, first-out (FIFO) costing of inventories, and that the Materials Inventory account is the controla for both direct material and indirect material. P3-IA. Determine and Use Overhead Rate Cortez Consulting, Inc., expects the following costs and penses during the coming year: LO3,5 SERVICE AND Direct labor ($9/hr.) .... Sales commissions Overhead S162.000 37,000 144,000 Required Compute...
Homework - Chapter 2 G Saved 4 Exercise 2-6 Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3] Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters...
If you could please explain how you get the
answers it would really help me
ES LO2 E3-3A. Calculate and Use Overhead Rate During the coming accounting year, Baker Manufacturing anticipates the following costs, expenses, and operating data: OWO ome MBC Direct material (16,000 lb.). ..... Direct labor (@ $10/hr.) ...... Indirect materials . . . . . . . . . . . Indirect labor. ........... Sales commissions............ Factory administration ..... Nonfactory administrative expenses. ... Other manufacturing overhead* ...........
please help asap
Support Calculate and Use Manufacturing Overhead Rate During the coming accounting year, Ester Manufacturing, Inc, anticipates the following costs, expenses, and operating data: Direct material(15.000 Director 512 120.000 Indirect material 7000 Indrea labor Sales commissions 18.000 Factory administration 1300 Non factory administrative expenses 1400 Other manufacturing overhead 28.000 Machine hours are 30 000 hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direct labor hours, (2)...
Chapter 3 Handout Exercise ine following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 3,000 5,000 10,000 24,000 6,000 $48,000 Manufacturing overhead costs incurred: Property taxes, factory...... Utilities, factory .... Indirect labor ............ Depreciation, factory...... Insurance, factory .......... Total actual manufacturing overhead costs.... · Other costs incurred: Purchases of raw materials. ... ... Direct labor cost ............ Inventories: Raw materials, beginning ... Raw materials, ending....... Work in process, beginning .. Work in...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,880. Estimated direct labor cost was $438,480 for 18,900 hours. Actual costs for the most recent month are summarized here: Total Cost $43,849 Item Description Direct labor (1,890 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $173,810. Estimated direct labor cost was $441,210 for 19,100 hours. Actual costs for the most recent month are summarized here: Total Cost $44,122 Item Description Direct labor (1,910 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory...
Most questions answered within 3 hours.
-
A Chi-square distribution with 14 degrees of freedom is a
correct model for
Question 8 options:...
asked 1 minute ago -
Try to get the code down to less than 40 lines. (PYTHON)
import random
fave_number =...
asked 3 minutes ago -
c. Node Admittance matrix and its use in different calculations
of power transmission system. Display the...
asked 4 minutes ago -
A) Suppose U=X∙Y3. Find X* and Y*.
B) Suppose U=X3∙Y. Find X* and Y*.
C) Suppose...
asked 6 minutes ago -
2.
Regression analysis was applied between sales (in $1,000) and
advertising (in $100), and the following...
asked 12 minutes ago -
I just took a final for chemistry 2. There were alot of
questions on cell potential....
asked 44 minutes ago -
A spherical weather balloon is filled with hydrogen until its
radius is 2.30 m. Its total...
asked 9 minutes ago -
Calculate the entropy change for the hypothetical process in
which 0.5 g of ice at 0°C...
asked 31 minutes ago -
When an airplane is flying 200 mph at 5000-ft altitude in a
standard atmosphere, the air...
asked 19 minutes ago -
Consider the economy of Freeland, whose overall actual price
index and actual output are P and...
asked 32 minutes ago -
Your car is worth considerably less money than you owe.
This is an example of the...
asked 31 minutes ago -
Which Asian police agency discussed in class does not have a
citizenship requirement for police officers?...
asked 24 minutes ago