Manufacturing Overhead Questions
a. Using plant wide FOH rate based on direct labor hours, how much is the FOH rate per unit?
b. Assume in Assembly Department, machine hours is the basis in calculating the FOH rate. What is the departmental FOH rate per unit?
c. Assume in Finishing Department, machine hours is the basis in calculating the FOH rate. What is the departmental FOH rate per unit?
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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...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs: Setup (1,000 setup hours) $288,000 Production scheduling (400 batches) 60,000 Production engineering (60 change orders) 180,000 Supervision (2,000 direct labor hours) 56,000 Machine maintenance (12,000 machine hours) 168,000 Total activity costs $752,000 The following additional data were provided for Job 845: Direct materials costs $7,000 Direct labor cost (5 Milling direct labor hours; 35 Finishing direct labor hours) $1,000 Setup hours...
Quality Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing...
Quality Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: Finishing Department: $11 per machine hour $19 per direct labor hour Job 575 used the following direct labor hours and machine hours in the two manufacturing departments: (Click the icon to view the resources used for Job 575.) 1. How much manufacturing overhead should be allocated to Job...
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...
QUESTION 1 ABC Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The...
QUESTION 1 ABC Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two department: Assembly, and Sanding. The Assembly department uses a departmental overhead rate of $35 per machine hour. The Sanding department uses a departmental overhead rate of $20 per direct labor hour. Job 603 used the following Direct Labor Hours, and Machine Hours in the two departments: Actual Results Assembly Department Sanding Department Direct Labor Hours Used 8 5 Machine Hours Used...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs: Setup (1,000 setup hours) $ 146,000 Production scheduling (400 batches) 60,000 Production engineering (60 change orders) 90,000 Supervision (2,000 direct labor hours) 56,000 Machine maintenance (12,000 machine hours) 96,000 Total activity costs $ 448,000 The following additional data were provided for Job 845: Direct material costs $ 8,000 Direct labor cost (5 Milling direct labor hours; 35 Finishing direct labor hours)...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs: Setup (1,000 setup hours) $ 146,000 Production scheduling (400 batches) 60,000 Production engineering (60 change orders) 90,000 Supervision (2,000 direct labor hours) 56,000 Machine maintenance (12,000 machine hours) 96,000 Total activity costs $ 448,000 The following additional data were provided for Job 845: Direct material costs $ 8,000 Direct labor cost (5 Milling direct labor hours; 35 Finishing direct labor hours)...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Goldratt Company consisted of the following...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Goldratt Company consisted of the following activities and costs: Setup (1,000 setup hours) $118,000 Production scheduling (400 batches) 60,000 Production engineering (60 change orders) 150,000 Supervision (2,000 direct labor hours) 46,000 Machine maintenance (12,000 machine hours) 60,000 Total activity costs $434,000 The following additional data were provided for Job 845: Direct materials costs $7,000 Direct labor cost (5 Milling direct labor hours;35 Finishing direct labor hours) $1,000 Setup hours 5...
departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs....
departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: $ 8$8 per machine hour Finishing Department: $ 12$12 per direct labor hour Job 112112 used the following direct labor hours and machine hours in the two manufacturing departments: LOADING... (Click the icon to view the resources used for Job 112.) Cutting Finishing JOB 112 Department Department Direct Labor Hours. ....
Calculating Manufacturing Overhead Rates Windsor Company, accumulated the following data for 2017: Milling Department manufacturing overhead...
Calculating Manufacturing Overhead Rates Windsor Company, accumulated the following data for 2017: Milling Department manufacturing overhead Finishing Department manufacturing overhead 76,800 Machine hours used S187,200 9,000 hours Milling Department Finishing Department 2,000 hours Labor hours used Milling Department 1,000 hours 1,000 hours Finishing Department Required a. Calculate the plantwide manufacturing overhead rate using machine hours as the allocation base $60 x per machine hour b. Calculate the plantwide manufacturing overhead rate using direct labor hours as the lcaion base x...
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...
Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs: Setup (1,000 setup hours) $288,000 Production scheduling (400 batches) 60,000 Production engineering (60 change orders) 180,000 Supervision (2,000 direct labor hours) 56,000 Machine maintenance (12,000 machine hours) 168,000 Total activity costs $752,000 The following additional data were provided for Job 845: Direct materials costs $7,000 Direct labor cost (5 Milling direct labor hours; 35 Finishing direct labor hours) $1,000 Setup hours...
Quality Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: Finishing Department: $11 per machine hour $19 per direct labor hour Job 575 used the following direct labor hours and machine hours in the two manufacturing departments: (Click the icon to view the resources used for Job 575.) 1. How much manufacturing overhead should be allocated to Job...
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...
Calculating Manufacturing Overhead Rates Windsor Company, accumulated the following data for 2017: Milling Department manufacturing overhead Finishing Department manufacturing overhead 76,800 Machine hours used S187,200 9,000 hours Milling Department Finishing Department 2,000 hours Labor hours used Milling Department 1,000 hours 1,000 hours Finishing Department Required a. Calculate the plantwide manufacturing overhead rate using machine hours as the allocation base $60 x per machine hour b. Calculate the plantwide manufacturing overhead rate using direct labor hours as the lcaion base x...
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