Question

E3-19A (similar to) Question Help Love It Industries manufactures custom-designed playground equipment for schools and city parks. Love It expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $1,254,000 of direct labor cost during the year (the cost of direct labor is $30 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During March, Love It completed Job 308. The job used 200 direct labor hours and required $15,100 of direct materials. The City of Adams has contracted to purchase the playground equipment at a price of 24% over manufacturing cost. Read the requirements Requirement 1. Calculate the manufacturing cost of Job 308. First identify the formula, then calculate the predetermined overhead rate Predetermined overhead rate z per hour i Requirements 1. Calculate the manufacturing cost of Job 308. 2. How much will the City of Adams pay for this playground equipment? Print Done

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
E3-19A (similar to) Question Help Love It Industries manufactures custom-designed playground equipment for schools and city...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • E3-19A (similar to) Question Help * PG Industries manufactures custom-designed playground equipment for schools and city...

    E3-19A (similar to) Question Help * PG Industries manufactures custom-designed playground equipment for schools and city parks. PG expected to incur $533,000 of manufacturing overhead cost 41,000 of direct labor hours, and $820,000 of direct labor cost during the year (the cost of direct labor is $20 per hour) The company allocates manufacturing overhead on the basis of direct labor hours. During December, PG completed Job 309 The job used 165 direct labor hours and required $15.400 of direct materials....

  • Have Fun Industries manufactures custom-designed playground equipment for schools and city parks. Have Fun expected to...

    Have Fun Industries manufactures custom-designed playground equipment for schools and city parks. Have Fun expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $1,254,000 of direct labor cost during the year (the cost of direct labor is $30 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During November Have Fun completed Job 301. The job used 160 direct labor hours and required $15,100 of direct materials. The City of...

  • Love It Industries manufactures custom-designed playground equipment for schools and city parks. Love It expected to...

    Love It Industries manufactures custom-designed playground equipment for schools and city parks. Love It expected to incur $906,400 of manufacturing overhead cost, 41,200 of direct labor hours, and $1,153,600 of direct labor cost during the year (the cost of direct labor is $28 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During December, Love It completed Job 307. The job used 155 direct labor hours and required $14,800 of direct materials. The City of...

  • PG Industries manufactures custom-designed playground equipment for schools and city parks. PG expected to incur $533,000...

    PG Industries manufactures custom-designed playground equipment for schools and city parks. PG expected to incur $533,000 of manufacturing overhead cost, 41,000 of direct labor hours, and $820,000 of direct labor cost during the year (the cost of direct labor is $20 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During December, PG completed Job 309. The job used 165 direct labor hours and required $15,400 of direct materials. The City of Adams has contracted...

  • All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to...

    All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $707,200 of manufacturing overhead cost, 41,600 of direct labor hours, and $915,200 of direct labor cost during the year (the cost of direct labor is $22 per hour) The company allocates manufacturing overhead on the basis of direct labor hours During January, All Wood completed Job 302. The job used 165 direct labor hours and required $14,800 of direct materials. The City of...

  • Requirements: 1. Calculate the manufacturing cost of Job 302. 2. How much will the City of...

    Requirements: 1. Calculate the manufacturing cost of Job 302. 2. How much will the City of Northville pay for this playground​ equipment? All Wood Industries manufactures custom-designed playground equipment for schools and city parks. All Wood expected to incur $627,000 of manufacturing overhead cost, 41,800 of direct labor hours, and $836,000 of direct labor cost during the year (the cost of direct labor is $20 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During...

  • i Requirements 1. Calculate the manufacturing cost of Job 308. 2. How much will the City...

    i Requirements 1. Calculate the manufacturing cost of Job 308. 2. How much will the City of Hamptonville pay for this playground equipment? Print Done Park Industries manufactures custom-designed playground equipment for schools and city parks. Park expected to incur $784,700 of manufacturing overhead cost, 41,300 of direct labor hours, and $908,600 of direct labor cost during the year (the cost of direct laboris $22 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During...

  • Score of 3 pts 10 cm HWS E3-19A (similar to) E d n how The They...

    Score of 3 pts 10 cm HWS E3-19A (similar to) E d n how The They of North orches o ground t er 7.000 dor Dung price of 29 mantecuring con ungebed cost 61.800 of labor hours and 03.200 factors during the Theron2.750 the 0 Requirements 1. Calculate the manufacturing cost of Job 301. 2. How much will the City of Northville pay for this playground equipment? Print Done

  • E3-21A (similar to) Question Help Lakeview Industries uses job costing to calculate the costs of its...

    E3-21A (similar to) Question Help Lakeview Industries uses job costing to calculate the costs of its jobs with direct labor cost as its manufacturing overhead allocation base 1 (Click the loon to view additional information.) Read the requirements. More Info The company manufactures a variety of engines for use in farm equipment. At the beginning of the current year, Lakeview estimated that its overhead for the coming year would be $324,800. It also anticipated using 29,000 direct labor hours for...

  • S3-9 (similar to) E Question Help Alan Industries manufactures wooden backyard playground equipment. Alan estimated $1,830,000...

    S3-9 (similar to) E Question Help Alan Industries manufactures wooden backyard playground equipment. Alan estimated $1,830,000 of manufacturing overhead and $2,040,000 of direct labor cost for the year. After the year was over, the accounting records indicated that the 2. How much manufacturing overhead would have been allocated to company had actually incurred $1,600,000 of manufacturing overhead and $2,300,000 of direct labor cost. 1. Calculate Alan's predetermined manufacturing overhead rate, assuming that the company uses direct labor cost as an...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT