Required information [The following information applies to the questions displayed below.] Tarnish Industries produces miniature models...
Required information
[The following information applies to the questions
displayed below.]
Tarnish Industries produces miniature models of farm equipment.
These collectibles are in great demand. It takes two operations,
molding and finishing, to complete the miniatures. Next year's
expected activities are shown in the following table:
| Molding | Finishing | ||||
| Direct labor hours | 79,000 | DLH | 164,500 | DLH | |
| Machine hours | 102,000 | MH | 85,500 | MH | |
Tarnish Industries uses departmental overhead rates and is
planning on a $2 per direct labor hour overhead rate for the
molding department. Compute the estimated manufacturing overhead
cost for the molding department given the information shown in the
table.
Multiple Choice
-
$204,000
-
$487,000
-
$237,000
-
$329,000
-
$158,000
Homework Answers
| Direct labor hours in Molding Department | 79000 |
| X Departmental overhead rate | 2 |
| Estimated manufacturing overhead cost | 158000 |
| Option E $158,000 is correct |
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Required information
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Tarnish Industries produces miniature models...
Required Information The following information applies to the questions displayed below.) Tarnish Industries produces miniature models...
Required Information The following information applies to the questions displayed below.) Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Molding 75,000 DLR 98,000 MM Finishing 160,500 DLR 01,500 M Tarnish Industries uses departmental overhead rates and is planning on a $2 per direct labor hour overhead rate for...
Requirea information (The following information applies to the questions displayed below.] Tarnish Industries produces miniature models...
Requirea information (The following information applies to the questions displayed below.] Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Molding 94,000 DLH 117,000 MH Finishing 179,500 DLH 100,500 MH Tarnish Industries uses departmental overhead rates and is planning on a $3 per direct labor hour overhead rate for...
Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes...
Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete the miniatures. Next year's expected activities are shown in the following table: Molding Finishing Direct labor hours 85,000 DLH 170,500 DLH Machine hours 108,000 MH 91,500 MH Tarnish Industries uses departmental overhead rates and is planning on a $2 per direct labor hour overhead rate for the molding department. Compute the estimated manufacturing overhead cost for the...
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Required Information The following information applies to the questions displayed below.) Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Molding 75,000 DLR 98,000 MM Finishing 160,500 DLR 01,500 M Tarnish Industries uses departmental overhead rates and is planning on a $2 per direct labor hour overhead rate for...
Requirea information (The following information applies to the questions displayed below.] Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Molding 94,000 DLH 117,000 MH Finishing 179,500 DLH 100,500 MH Tarnish Industries uses departmental overhead rates and is planning on a $3 per direct labor hour overhead rate for...
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Required information [The following information applies to the questions displayed below.) Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below. Direct labor hours Machine hours Overhead costs Assembly 290,000 DLH 490,000 MH $ 490,000 Finishing 159,000 DLH 144, 550 MH $779,100 Assume that Angle Max Industries allocates overhead using a plantwide overhead rate based on machine hours. How much...
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