please explain in detail use equations and actual numbers.
I am interested in understanding not just the answers
thank you for whoever reads this
Homework Answers
Answer
Actual manufacturing overheads have nothing to do with predetermined rate. The Actual overheads incurred is computed as below:
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please explain in detail use equations and actual numbers. I am interested in understanding not just...
Here are selected data for Wilson Company: Estimated manufacturing overhead $243,750 Factory utilities $30,200 Estimated labor...
Here are selected data for Wilson Company: Estimated manufacturing overhead $243,750 Factory utilities $30,200 Estimated labor hours 35,000 Indirect labor $22,400 Actual direct labor hours 36,000 Sales commissions $53,700 Estimated direct labor cost $325,000 Factory rent $47,700 Actual direct labor cost $320,800 Factory property taxes $28,100 Factory depreciation $65,400 Indirect materials $33,000 If the company allocates manufacturing overhead based on direct labor cost, what are the allocated manufacturing overhead costs? A. $427,733 B. $226,800 C. $240,600 D. $243,750
Here are selected data for Wilson Company: Estimated manufacturing overhead $259,650 Factory utilities $...
Here are selected data for Wilson Company: Estimated manufacturing overhead $259,650 Factory utilities $30,200 Estimated labor hours 35,000 Indirect labor $22,400 Actual direct labor hours 36,000 Sales commissions $53,700 Estimated direct labor cost $329,600 Factory rent $47,700 Actual direct labor cost $320,600 Factory property taxes $28,100 Factory depreciation $65,400 Indirect materials $33,000 If the company allocates overhead based on direct labor cost, what is the predetermined manufacturing overhead...
Question 25 Here are selected basic data for Stehli Company: Estimated manufacturing overhead Estimated labor hours...
Question 25 Here are selected basic data for Stehli Company: Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $253,500 35,000 36,000 $325,000 $320,000 $66,000 Factory utilities indirect labor Sales commissions Factory rent Factory property taxes Indirect materials $30, 200) $22400 $53,700 $47,700 $28,100 $33,000 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? $258,700 $281.100 $172.000 $227,400
Here are selected basic data for Wilson Company: Estimated manufacturing overhead Estimated labor hours Actual direct...
Here are selected basic data for Wilson Company: Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $243,750 35,000 36,000 $325,000 $320,000 $66,300 Factory utilities Indirect labor Sales commissions Factory rent Factory property taxes Indirect materials $30,400 $22,800 $54,300 $47,800 $29,100 $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? O A. $284,000 OB. $261,200 OC. $173,600 OD. $229,700...
It's Simple: Just calulate the numbers that I got wrong. When working on the problem make...
It's Simple: Just calulate the numbers that I got wrong. When
working on the problem make sure to SHOW me the WORK. Make sure to
include formulas it there's any.
3 Award: 1.79 out of 3.33 points Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $181,420. Estimated direct labor cost was $447,760 for...
Please don't use hand writing and please explain the answers. Thank you. Verizox Company uses a...
Please don't use hand writing and please explain the answers.
Thank you.
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $177.560. Estimated direct labor cost was $484.430 for 19.300 hours. Actual costs for the most recent month are summarized here: Total Cost $48,444 Item Description Direct labor (1,930 hours) Indirect costs Indirect labor...
Please type the explanations and answers. Please explain how to solve the problems. Thank you. Thank...
Please type the explanations and answers. Please explain how to
solve the problems. Thank you.
Thank you.
Knowledge Check 01 Which of the following costs is usually Immaterial in most service firms? Multiple Choice Direct materials Direct labor Service Overhead Knowledge Check 01 What is the correct Journal entry for a company that issues $100.000 of raw material, which includes $10,000 of Indirect material? Debit Work In Process $100.000 and credit Raw Materials Inventory $100,000 Debit Work In Process $90.000,...
I just need help with the first question, i need to have manufacturing overhead calculated for...
I just need help with the first question, i need to have
manufacturing overhead calculated for the information presented
above. Thank you!
Chapter 2 - In-Class Activity Andrews, Inc. has the following information available concerning actual costs for the period ending December 31, 2016: 1. Factory utility costs - $7,500. 2. Advertising costs - $50,000. 3. Indirect material costs - $2,500. 4. Machine hours used: a. Job 250 - 2,500. b. Job 251 -2,000. c. Job 252 -4,000 5. Depreciation...
i am currently working on this problem, just thowing it out there to see if i...
i am currently working on this problem, just thowing it out
there to see if i can compers answers and did the problem
correctly.
7 PA2-8 (Algo) Recording Manufacturing Costs, Preparing a cost of Goods Manufactured Report, and Calculating Income from Operations (LO 2-3,2-4,2-5, 2-6) 3 Book Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated...
please show work or explain i dont just want answers im trying to figure out how...
please show work or explain i dont just want answers im trying
to figure out how to do the problems
Problem ward: 0.00 points Problems? Adiust credit for all students. 1-277 TB Problem Qu. 1-277 Learned Corporation has provided the following ... Learned Corporation has provided the following information: Cost per Period Cost per Unit $ 6.10 $ 4,15 $ 1.75 $ 27,600 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling...
Question 25 Here are selected basic data for Stehli Company: Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $253,500 35,000 36,000 $325,000 $320,000 $66,000 Factory utilities indirect labor Sales commissions Factory rent Factory property taxes Indirect materials $30, 200) $22400 $53,700 $47,700 $28,100 $33,000 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? $258,700 $281.100 $172.000 $227,400
Here are selected basic data for Wilson Company: Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $243,750 35,000 36,000 $325,000 $320,000 $66,300 Factory utilities Indirect labor Sales commissions Factory rent Factory property taxes Indirect materials $30,400 $22,800 $54,300 $47,800 $29,100 $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? O A. $284,000 OB. $261,200 OC. $173,600 OD. $229,700...
It's Simple: Just calulate the numbers that I got wrong. When
working on the problem make sure to SHOW me the WORK. Make sure to
include formulas it there's any.
3 Award: 1.79 out of 3.33 points Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $181,420. Estimated direct labor cost was $447,760 for...
Please don't use hand writing and please explain the answers.
Thank you.
Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $177.560. Estimated direct labor cost was $484.430 for 19.300 hours. Actual costs for the most recent month are summarized here: Total Cost $48,444 Item Description Direct labor (1,930 hours) Indirect costs Indirect labor...
Please type the explanations and answers. Please explain how to
solve the problems. Thank you.
Thank you.
Knowledge Check 01 Which of the following costs is usually Immaterial in most service firms? Multiple Choice Direct materials Direct labor Service Overhead Knowledge Check 01 What is the correct Journal entry for a company that issues $100.000 of raw material, which includes $10,000 of Indirect material? Debit Work In Process $100.000 and credit Raw Materials Inventory $100,000 Debit Work In Process $90.000,...
I just need help with the first question, i need to have
manufacturing overhead calculated for the information presented
above. Thank you!
Chapter 2 - In-Class Activity Andrews, Inc. has the following information available concerning actual costs for the period ending December 31, 2016: 1. Factory utility costs - $7,500. 2. Advertising costs - $50,000. 3. Indirect material costs - $2,500. 4. Machine hours used: a. Job 250 - 2,500. b. Job 251 -2,000. c. Job 252 -4,000 5. Depreciation...
i am currently working on this problem, just thowing it out
there to see if i can compers answers and did the problem
correctly.
7 PA2-8 (Algo) Recording Manufacturing Costs, Preparing a cost of Goods Manufactured Report, and Calculating Income from Operations (LO 2-3,2-4,2-5, 2-6) 3 Book Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated...
please show work or explain i dont just want answers im trying
to figure out how to do the problems
Problem ward: 0.00 points Problems? Adiust credit for all students. 1-277 TB Problem Qu. 1-277 Learned Corporation has provided the following ... Learned Corporation has provided the following information: Cost per Period Cost per Unit $ 6.10 $ 4,15 $ 1.75 $ 27,600 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling...
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