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Bella, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a...
Bella, Inc. manufactures two kinds of bags; totes and satchels. The company allocates manufacturing overhead using...
Bella, Inc. manufactures two kinds of bags; totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $25,250. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $33 $45 Direct labor cost per unit $50 $65 Number of units 500 390 Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.)
Borsetta, Inc. manufactures two kinds of bags totes and satchels. The company allccates manufacturing overhead using...
Borsetta, Inc. manufactures two kinds of bags totes and satchels. The company allccates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs forthe year are $25,000 Additional estimated information is given below. Totes Satchels $44 $62 540 370 Direct materials cost per unit Direct labor cost per unit Number of units $33 $54 Calculate the amount of overhead to be allocated to Satchels, if the actual units produced and direct labor...
Bag Ladies, Inc. manufactures two kinds of bags totes and satchels. The company alates manufacturing overhead using...
Bag Ladies, Inc. manufactures two kinds of bags totes and satchels. The company alates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year we $24.500. Additional estimated information is given below Satchels Direct materials cost per unit Direct labor cost per unit Number of units Totes $31 $53 500 541 563 360 Calculate the amount of overhead to be located to Totes (Round any percentages to two decimal...
Each multiple choice question is worth 2 points for a total of 64 points. 1) Modiste,...
Each multiple choice question is worth 2 points for a total of 64 points. 1) Modiste, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $26,000. Additional estimated information is given below Totes Satchels Direct materials cost per unit Direct labor cost per unit Number of units $4 $6 390 53 510 Calculate the predetermined overhead...
The Oswell Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing overhead...
The Oswell Company manufactures products in two departments:
Mixing and Packaging. The company allocates manufacturing overhead
using a single plantwide rate with direct labor hours as the
allocation base. Estimated overhead costs for the year are
$869,500, and estimated direct labor hours are 370,000. In
October, the company incurred 550,000 direct labor hours.
The Oswell Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the...
The Ortman Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing overhead...
The Ortman Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are $799,000, and estimated direct labor hours are 340,000. In October, the company incurred 50,000 direct labor hours. Read the requirements. Requirement 1. Compute the predetermined overhead allocation rate. Round to two decimal places. Begin by selecting the formula to calculate the predetermined overhead (OH)...
the ordon company manufactures products in two departments: mixing and packaging. the company allocates manufacuturing overhead...
the ordon company manufactures products in two departments: mixing and packaging. the company allocates manufacuturing overhead using a single plantwide rate with direct labor hours as the allocation base. estimated overhead costs for the year are $814,000,and estimated direct labor hours are 370,000. in october, the company incurred 55,000 direct labor hours. requirements 1. compute the predetermined overhead allocation rate.2.determine the amount of overhead allocated in october.#1.begin by selecting the formula to calculate the predetermined overhead allocation rate. thenenter to...
Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the...
Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's production and sales occur in the first and second quarters of the year. The company is in danger of losing one of its larger customers, Solar Wholesale, due to large fluctuations in price. The owner of Space has requested an analysis of the manufacturing cost per unit in the second and third quarters. You have...
Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the...
Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's production and sales occur in the first and second quarters of the year. The company is in danger of losing one of its larger customers, Solar Wholesale, due to large fluctuations in price. The owner of Space has requested an analysis of the manufacturing cost per unit in the second and third quarters. You have...
Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect -...
Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect - cost rate of $19 per direct labor-hour. The following data are obtained from the accounting records for June 2020: Direct materials Direct labor (4,000 hours @ $11/hour) Indirect labor Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses $130,000 44,000 13,000 29,000 21,000 35,000 39,000 For June 2020, manufacturing overhead is OA, underallocated by $26,000 O B. overallocated by $26,000...
Borsetta, Inc. manufactures two kinds of bags totes and satchels. The company allccates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs forthe year are $25,000 Additional estimated information is given below. Totes Satchels $44 $62 540 370 Direct materials cost per unit Direct labor cost per unit Number of units $33 $54 Calculate the amount of overhead to be allocated to Satchels, if the actual units produced and direct labor...
Bag Ladies, Inc. manufactures two kinds of bags totes and satchels. The company alates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year we $24.500. Additional estimated information is given below Satchels Direct materials cost per unit Direct labor cost per unit Number of units Totes $31 $53 500 541 563 360 Calculate the amount of overhead to be located to Totes (Round any percentages to two decimal...
Each multiple choice question is worth 2 points for a total of 64 points. 1) Modiste, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $26,000. Additional estimated information is given below Totes Satchels Direct materials cost per unit Direct labor cost per unit Number of units $4 $6 390 53 510 Calculate the predetermined overhead...
The Oswell Company manufactures products in two departments:
Mixing and Packaging. The company allocates manufacturing overhead
using a single plantwide rate with direct labor hours as the
allocation base. Estimated overhead costs for the year are
$869,500, and estimated direct labor hours are 370,000. In
October, the company incurred 550,000 direct labor hours.
The Oswell Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the...
The Ortman Company manufactures products in two departments: Mixing and Packaging. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are $799,000, and estimated direct labor hours are 340,000. In October, the company incurred 50,000 direct labor hours. Read the requirements. Requirement 1. Compute the predetermined overhead allocation rate. Round to two decimal places. Begin by selecting the formula to calculate the predetermined overhead (OH)...
Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's production and sales occur in the first and second quarters of the year. The company is in danger of losing one of its larger customers, Solar Wholesale, due to large fluctuations in price. The owner of Space has requested an analysis of the manufacturing cost per unit in the second and third quarters. You have...
Space Manufacturing produces surfboards. The company uses a normal-costing system and allocates manufacturing overhead on the basis of direct manufacturing labor-hours. Most of the company's production and sales occur in the first and second quarters of the year. The company is in danger of losing one of its larger customers, Solar Wholesale, due to large fluctuations in price. The owner of Space has requested an analysis of the manufacturing cost per unit in the second and third quarters. You have...
Franklin Inc. manufactures pipes and applies manufacturing overhead costs to production at a budgeted indirect - cost rate of $19 per direct labor-hour. The following data are obtained from the accounting records for June 2020: Direct materials Direct labor (4,000 hours @ $11/hour) Indirect labor Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses $130,000 44,000 13,000 29,000 21,000 35,000 39,000 For June 2020, manufacturing overhead is OA, underallocated by $26,000 O B. overallocated by $26,000...
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