Homework Answers
Solution a:
Predetermined Overhead rate = Estimated Overhead / Estimated Machine hours
= $1,169,660 / 100000
= $11.70
Add Answer to:
$74,400 211,000 129,360 450,000 Deremy Nolan, Expected Use of Cost Number of moves Direct labor hours...
Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing...
Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Budgeted Overhead Cost Budgeted Level for Cost Driver Overhead Cost Driver Materials handling $ 160,000 3,200 pounds Weight of materials Machine setup 13,260 390 setups Number of setups Machine repair 1,380 30,000 machine hours Machine hours Inspections 10,560 160 inspections Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor 20 hours Direct materials 130...
Wings Co. budgeted $556,000 manufacturing direct wages, 2,500 direct labor hours, and had the following manufacturing...
Wings Co. budgeted $556,000 manufacturing direct wages, 2,500 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Machine setup Machine repair Inspections Budgeted Overhead Cost $198,000 14,888 1,800 10,200 Budgeted Level for Cost Driver 3,300 pounds 400 setups 30,000 machine hours 17e inspections Overhead Cost Driver Weight of materials Number of setups Machine hours Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor Direct materials Machine setup Machine hours...
Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing...
Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Budgeted Budgeted Level for Overhead Cost Overhead Cost Cost Driver Driver Weight of $160,000 3,200 pounds materials Number of 13,200 390 setups setups 1,380 30,000 machine hours Machine hours Machine setup Machine repair Number of Inspections inspections Requirements for Job #971 which manufactured 4 units of product: 10,560 160 inspections Direct labor 20 hours Direct materials 130 pounds...
Wings Co. budgeted $567,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing...
Wings Co. budgeted $567,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Budgeted Overhead Cost Budgeted Level for Cost Driver Overhead Cost Driver Materials handling $ 132,000 4,400 pounds Weight of materials Machine setup 15,300 510 setups Number of setups Machine repair 1,920 32,000 machine hours Machine hours Inspections 11,200 280 inspections Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor 20 hours Direct materials 250...
Wings Co. budgeted $562,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing...
Wings Co. budgeted $562,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Budgeted Overhead Cost Budgeted Level for Cost Driver Overhead Cost Driver Materials handling $ 156,000 3,900 pounds Weight of materials Machine setup 18,400 460 setups Number of setups Machine repair 1,220 30,500 machine hours Machine hours Inspections 11,500 230 inspections Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor 20 hours Direct materials 200...
Wings Co. budgeted $562,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing...
Wings Co. budgeted $562,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Machine setup Machine repair Inspections Budgeted Overhead Cost $156,000 18,400 1,220 11,500 Budgeted Level for Cost Driver 3,900 pounds 460 setups 30,500 machine hours 230 inspections Overhead Cost Driver Weight of materials Number of setups Machine hours Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor Direct materials Machine setup Machine hours...
Shaker Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway components...
Shaker Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, hand rails) permit installation of stairways of varying lengths and widths. All are of white oak wood. Budgeted manufacturing overhead costs for the year 2020 are as follows. Overhead Cost Pools Amount Purchasing $75,000 Handling materials 82,000 Production (cutting, milling, finishing) 220,000 Setting up machines 105,000 Inspecting 114,000 Inventory control (raw materials and finished goods) 126,000 Utilities 360,000 Total budgeted overhead...
Problem 4-3A a-b, c1-c3 (Video) (Part Level Submission) Shaker Stairs Co. designs and builds factory-made premium...
Problem 4-3A a-b, c1-c3 (Video) (Part Level Submission) Shaker Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, hand rails) permit installation of stairways of varying lengths and widths. All are of white oak wood. Budgeted manufacturing overhead costs for the year 2020 are as follows. Overhead Cost Pools Amount Purchasing Handling materials Production (cutting, milling, finishing) Setting up machines Inspecting Inventory control (raw materials and finished goods) Utilities Total budgeted...
P17-3A--- Shaker Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway...
P17-3A--- Shaker Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, hand rails) permit installation of stairways of varying lengths and widths. All are of white oak wood. Budgeted manufacturing overhead costs for the year 2017 are as follows. Overhead Cost Pools Amount Purchasing $ 75,000 Handling materials 82,000 Production (cutting, milling, finishing) 210,000 Setting up machines 105,000 Inspecting 90,000 Inventory control (raw materials and finished goods) 126,000 Utilities 180,000 Total...
Problem 17-03A a-b, c-c (Part Level Submission) Shaker Stars Co, designs and builds factory made premium...
Problem 17-03A a-b, c-c (Part Level Submission) Shaker Stars Co, designs and builds factory made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, handrais permit installation of starways of varying lengths and widths. All are of white oak wood Budgeted manufacturing overhead costs for the year 2020 are as follows. Overhead Cost Pools Purchaung Handing materials Production (cutting, milling, finishing) Setting up machines Inspecting Inventory control (raw materials and finished goods) Utaties Total budgeted overhead costs...
Wings Co. budgeted $556,000 manufacturing direct wages, 2,500 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Machine setup Machine repair Inspections Budgeted Overhead Cost $198,000 14,888 1,800 10,200 Budgeted Level for Cost Driver 3,300 pounds 400 setups 30,000 machine hours 17e inspections Overhead Cost Driver Weight of materials Number of setups Machine hours Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor Direct materials Machine setup Machine hours...
Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Budgeted Budgeted Level for Overhead Cost Overhead Cost Cost Driver Driver Weight of $160,000 3,200 pounds materials Number of 13,200 390 setups setups 1,380 30,000 machine hours Machine hours Machine setup Machine repair Number of Inspections inspections Requirements for Job #971 which manufactured 4 units of product: 10,560 160 inspections Direct labor 20 hours Direct materials 130 pounds...
Wings Co. budgeted $562,000 manufacturing direct wages, 2,000 direct labor hours, and had the following manufacturing overhead: Overhead Cost Pool Materials handling Machine setup Machine repair Inspections Budgeted Overhead Cost $156,000 18,400 1,220 11,500 Budgeted Level for Cost Driver 3,900 pounds 460 setups 30,500 machine hours 230 inspections Overhead Cost Driver Weight of materials Number of setups Machine hours Number of inspections Requirements for Job #971 which manufactured 4 units of product: Direct labor Direct materials Machine setup Machine hours...
Problem 4-3A a-b, c1-c3 (Video) (Part Level Submission) Shaker Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, hand rails) permit installation of stairways of varying lengths and widths. All are of white oak wood. Budgeted manufacturing overhead costs for the year 2020 are as follows. Overhead Cost Pools Amount Purchasing Handling materials Production (cutting, milling, finishing) Setting up machines Inspecting Inventory control (raw materials and finished goods) Utilities Total budgeted...
Problem 17-03A a-b, c-c (Part Level Submission) Shaker Stars Co, designs and builds factory made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, handrais permit installation of starways of varying lengths and widths. All are of white oak wood Budgeted manufacturing overhead costs for the year 2020 are as follows. Overhead Cost Pools Purchaung Handing materials Production (cutting, milling, finishing) Setting up machines Inspecting Inventory control (raw materials and finished goods) Utaties Total budgeted overhead costs...
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