Single Plantwide Factory Overhead Rate Nixon Machine Parts Inc.'s Fabrication Department incurred $158,100 of factory overhead...
Single Plantwide Factory Overhead Rate
Nixon Machine Parts Inc.'s Fabrication Department incurred $158,100 of factory overhead cost in producing gears and sprockets. The two products consumed a total of 5,100 direct machine hours. Of that amount, sprockets consumed 2,300 direct machine hours.
Determine the total amount of factory overhead that should be
allocated to sprockets using machine hours as the allocation base.
If required, round your answer to the nearest dollar.
$
Homework Answers
|
The total amount of factory overhead that should be allocated to sprockets using machine hours as the allocation base. = (158,100/5,100) * 2300 = 31 * 2300 = 71,300 Comment if you face any issues |
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Single Plantwide Factory Overhead Rate
Nixon Machine Parts Inc.'s Fabrication Department incurred
$158,100 of factory overhead...
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eBook Calculator Single Plantwide Factory Overhead Rate Nixon Machine Parts Inc.'s Fabrication Department incurred $124,000 of factory overhead cost in producing gears and sprockets. The two products consumed a total of 6,200 direct machine hours. Of that amount, sprockets consumed 3,100 direct machine hours. Determine the total amount of factory overhead that should be allocated to sprockets using machine hours as the allocation base. If required, round your answer to the nearest dollar. Instructions Mozart Music Inc,...
Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.'s Machining Department incurred $156,600 of factory overhead cost...
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Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.’s Machining Department incurred $93,600 of factory overhead cost...
Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.’s Machining Department incurred $93,600 of factory overhead cost in producing hoses and valves. The two products consumed a total of 3,600 direct machine hours. Of that amount, hoses consumed 1,800 direct machine hours. Determine the total amount of factory overhead that should be allocated to hoses using machine hours as the allocation base. $
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Pineapple Motor...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Pineapple Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through two production departments, Assembly and Testing. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering using the multiple production department factory overhead rate method. The following factory overhead was budgeted for Pineapple: Assembly Department $240,000...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Eclipse Motor...
Single Plantwide and Multiple Production Department Factory
Overhead Rate Methods and Product Cost Distortion
Eclipse Motor Company manufactures two types of specialty
electric motors, a commercial motor and a residential motor,
through two production departments, Assembly and Testing.
Presently, the company uses a single plantwide factory overhead
rate for allocating factory overhead to the two products. However,
management is considering using the multiple production department
factory overhead rate method. The following factory overhead was
budgeted for Eclipse:
Assembly Department
$280,000...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Pineapple Motor...
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Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion The management...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted...
Single plantwide and Multiple production department factory overhead rate methods and product cost distortion Instructions Single...
Single plantwide and Multiple production department factory overhead rate methods and product cost distortion Instructions Single Plantwide Method Multiple Production Department Method Final Questions Instructions The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Pineap...
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Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion
The management of Nova Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Nova:Fabrication Department factory overhead$455,000Assembly Department factory overhead175,000Total$630,000Direct labor hours were estimated as follows:Fabrication...
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& #2
eBook Calculator Single Plantwide Factory Overhead Rate Nixon Machine Parts Inc.'s Fabrication Department incurred $124,000 of factory overhead cost in producing gears and sprockets. The two products consumed a total of 6,200 direct machine hours. Of that amount, sprockets consumed 3,100 direct machine hours. Determine the total amount of factory overhead that should be allocated to sprockets using machine hours as the allocation base. If required, round your answer to the nearest dollar. Instructions Mozart Music Inc,...
Single Plantwide Factory Overhead Rate Kennedy Appliance Inc.'s Machining Department incurred $156,600 of factory overhead cost in producing hoses and valves. The two products consumed a total of 5,400 direct machine hours. Of that amount, hoses consumed 2,400 direct machine hours. Determine the total amount of factory overhead that should be allocated to hoses using machine hours as the allocation base.
Single Plantwide and Multiple Production Department Factory
Overhead Rate Methods and Product Cost Distortion
Eclipse Motor Company manufactures two types of specialty
electric motors, a commercial motor and a residential motor,
through two production departments, Assembly and Testing.
Presently, the company uses a single plantwide factory overhead
rate for allocating factory overhead to the two products. However,
management is considering using the multiple production department
factory overhead rate method. The following factory overhead was
budgeted for Eclipse:
Assembly Department
$280,000...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Pineapple Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through two production departments, Assembly and Testing. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering using the multiple production department factory overhead rate method. The following factory overhead was budgeted for Pineapple: Assembly Department $202,800...
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Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion Pineapple Motor Company manufactures two types of specialty electric motors, a commercial motor and a residential motor, through two production departments, Assembly and Testling. Presently, the company uses a single plantwide factory overhead rate for allocating factory Overhead to the two products. However, management is considering using the multiple production department factory overhead rate method. The following factory overhead was budgeted for Pineapple: Assembly Department $194,400...
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