Homework Answers
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Machine hours = [(173,800+26,400)*39,500]/173,800 = 7,907,900,000/173,800 = 45,500 hours |
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Melbourne Company estimated that machine-hours for the year would be 39,500 hours and overhead (all fixed) would be $17...
Melbourne Company estimated that machine hours for the year would be 40,000 hours and overhead (all...
Melbourne Company estimated that machine hours for the year would be 40,000 hours and overhead (all foed) would be $320,000 Melbourne applies is overhead on the basis of machine hours. During the year all overhead costs were exactly as planned $320,000). There was $44.000 in overapplied overhead Required How many machine-hours were worked during the period? Machine hours
Capitol, Inc., estimated that direct labor for the year would be 44,300 hours. Capitol's overhead (all...
Capitol, Inc., estimated that direct labor for the year would be 44,300 hours. Capitol's overhead (all fixed) is applied on the basis of direct labor-hours. The company estimates its overhead costs at $181,630. During the year, all overhead costs were exactly as planned ($181,630). There was $18,450 in underapplied overhead. 2.85 Points Required: How many direct labor-hours were worked during the period? (Do not round intermediate calculations.) Direct labor hours eBook
Capitol, Inc., estimated that direct labor for the year would be 117.000 hours. Capitol's overhead (all...
Capitol, Inc., estimated that direct labor for the year would be 117.000 hours. Capitol's overhead (all fixed) is applied on the basis of direct labor-hours. The company estimates its overhead costs at $702,000. During the year, all overhead costs were exactly as planned ($702.000). There was $11.700 in underapplied overhead. Required: How many direct labor-hours were worked during the period? Direct labor hours
Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated...
Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, direct labour hours would total 50,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was: $10 per machine hour. $0.04 per machine hour. $25 per machine hour. $0.05 per machine hour. $20 per machine hour.
Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated...
Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $500,000, direct labour hours would total 50,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was: $10 per machine hour. $0.04 per machine hour. $25 per machine hour. $0.05 per machine hour. $20 per machine hour.
. Strong Company applies overhead based on machine hours. At the beginning of 20x1.the company estimated...
. Strong Company applies overhead based on machine hours. At the beginning of 20x1.the company estimated that manufacturing overhead would be $500,000, direct labour hours would total 50,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was: * (3 Points) $10 per machine hour. $25 per machine hour 50,04 per machine hour. 0 $20 per machine hour. $0.05...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Mon...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Mon Fabrication Total 2,500 1,500 4,000 $10,000 $15,000 $25,000 $ 1.40 $ 2.20 Job P $13,000 $21,000 Job o $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 500 2,300 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,95€ $30,200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,000 1,900 4,900 2,100 2,200 4,300 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,950 $30, 200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 3,000 1,900 4,900 2,100 2,200 4,300 Total Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate...
Leaves Corporation applies manufacturing overhead based on machine hours. Budgeted overhead was $820,000 with an estimated...
Leaves Corporation applies manufacturing overhead based on machine hours. Budgeted overhead was $820,000 with an estimated 40,000 machine hours. Actual costs included production costs related to direct materials of $225,000, direct labor of $315,000, and manufacturing overhead of $850,000. The manufacturing overhead total does not include sales commissions of $28,500. In addition, 20 jobs were sold during the year at a total cost of $3,200,000. Customers purchased these goods for $3,750,000. Actual machine hours worked totaled 41,600. Required: A. Determine...
Melbourne Company estimated that machine hours for the year would be 40,000 hours and overhead (all foed) would be $320,000 Melbourne applies is overhead on the basis of machine hours. During the year all overhead costs were exactly as planned $320,000). There was $44.000 in overapplied overhead Required How many machine-hours were worked during the period? Machine hours
Capitol, Inc., estimated that direct labor for the year would be 44,300 hours. Capitol's overhead (all fixed) is applied on the basis of direct labor-hours. The company estimates its overhead costs at $181,630. During the year, all overhead costs were exactly as planned ($181,630). There was $18,450 in underapplied overhead. 2.85 Points Required: How many direct labor-hours were worked during the period? (Do not round intermediate calculations.) Direct labor hours eBook
Capitol, Inc., estimated that direct labor for the year would be 117.000 hours. Capitol's overhead (all fixed) is applied on the basis of direct labor-hours. The company estimates its overhead costs at $702,000. During the year, all overhead costs were exactly as planned ($702.000). There was $11.700 in underapplied overhead. Required: How many direct labor-hours were worked during the period? Direct labor hours
. Strong Company applies overhead based on machine hours. At the beginning of 20x1.the company estimated that manufacturing overhead would be $500,000, direct labour hours would total 50,000, and machine hours would total 20,000. By 20x1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20x1 predetermined overhead rate was: * (3 Points) $10 per machine hour. $25 per machine hour 50,04 per machine hour. 0 $20 per machine hour. $0.05...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Mon Fabrication Total 2,500 1,500 4,000 $10,000 $15,000 $25,000 $ 1.40 $ 2.20 Job P $13,000 $21,000 Job o $8,000 $7,500 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 1,700 500 2,300 800 900 1,700 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,95€ $30,200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication Total 3,000 1,900 4,900 2,100 2,200 4,300 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with...
Estimated total machine-hours used Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine-hour Molding Fabrication Total 2,500 1,500 4,000 $13,250 $16,950 $30, 200 $ 2.70 $ 3.50 Job P $26,000 $31,400 Job $14,500 $12,700 Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 3,000 1,900 4,900 2,100 2,200 4,300 Total Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate...
Leaves Corporation applies manufacturing overhead based on machine hours. Budgeted overhead was $820,000 with an estimated 40,000 machine hours. Actual costs included production costs related to direct materials of $225,000, direct labor of $315,000, and manufacturing overhead of $850,000. The manufacturing overhead total does not include sales commissions of $28,500. In addition, 20 jobs were sold during the year at a total cost of $3,200,000. Customers purchased these goods for $3,750,000. Actual machine hours worked totaled 41,600. Required: A. Determine...
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