(2) -- Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours.
Answer -
Computation of predetermined overhead rate based entirely on direct labor-hours
Particulars | Explanation | ||
Estimated Overhead Cost: | - | - | |
Labor-related | Given in question | $17600 | |
Machine-related | Given in question | $14000 | |
Machine setups | Given in question | $31500 | |
Production orders | Given in question | $32900 | |
Product testing | Given in question | $24000 | |
Packaging | Given in question | $90000 | |
General factory | Given in question | $50000 | |
A. | Total Estimated Overhead Cost | $17600+$14000+$31500+$32900+$24000+$90000+$50000 | $260000 |
B. | Total Expected Direct Labor-Hours | Given in question | 5000 DLHs |
. | |||
Predetermined Overhead Rate | A / B | $52 per DLH | |
Requirea information The following information applies to the questions displayed below! Rustafson Corporation is a diversified...
Required information The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 26,800 $ 4.500 $ 41.800 $ 17.000 $ 15,500 $ 51,000 $ 52,400 Expected Activity 5,000 direct labor-hours 9.000 machine-hours 1,100 setups 1.100 500 orders 500 tests 3,400 packages 5,000...
Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $ 28,000 5,000 direct labor-hours Machine-related $ 2,500 5,000 machine-hours Machine setups $ 34,300 700 setups Production orders $ 13,800 300 orders Product testing $ 12,000 600 tests Packaging $ 57,000 3,800 packages General factory $ 60,000 5,000 direct...
Required information [The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 18,400 $ 5,000 $ 46,809 $ 23,000 $ 27,200 $ 39,600 $ 51,600 Expected Activity 2,000 direct labor-hours 10,000 machine-hours 1,200 setups 500 orders 800 tests 3,600 packages 2,000 direct...
Required information (The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 18,400 $ 5,000 $ 46,800 $ 23,000 $ 27, 200 $ 39,600 $ 51,600 Expected Activity 2,000 direct labor-hours 10,000 machine-hours 1,200 setups 500 orders 800 tests 3,600 packages 2,000...
Required information (The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 22,000 $ 10,000 $ 36,000 $ 29,400 $ 27,900 $ 68,400 $ 56,800 Expected Activity 1,000 direct labor-hours 8,000 machine-hours 800 setups 600 orders 900 tests 3,600 packages 1,000 direct...
Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 26,800 $ 4,500 $ 41,800 $ 17,000 $ 15,500 $ 51,000 $ 52,400 Expected Activity 5,000 direct labor-hours 9,000 machine-hours 1,100 setups 500 orders 500 tests 3,400 packages 5,000 direct...
[The following information applies to the questions displayed below) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 22,000 $ 10,000 $ 36,000 $ 29,400 $ 27,900 $ 68,400 $ 56,800 Expected Activity 1,00e direct labor-hours 8,00e machine-hours 8ee setups 600 orders 900 tests 3,600 packages 1,000 direct labor-hours 2....
O Required information [The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cont Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 16,400 $ 5,000 $ 20,500 $ 19,000 $ 21,700 $ 36,000 $ 53,600 Expected Activity 10,000 direct labor-hours 10,000 machine-hours 500 setups 500 orders 700 toata 3,600 packages 10,000...
Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $ 17,600 5,000 direct labor-hours Machine-related $ 14,000 8,000 machine-hours Machine setups $ 31,500 700 setups Production orders $ 32,900 700 orders Product testing $ 24,000 600 tests Packaging $ 90,000 3,600 packages General factory $ 50,000 5,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost...
A. B. The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Estimated Overhead Expected Activity Cost Pool Cost Activity Labor-related $ 19,600 10,000 direct labor-hours Machine-related $ 7,000 7,000 machine-hours Machine setups $ 23,400 600 setups Production orders $ 16,500 500 orders Product testing $ 22,400 800 tests Packaging $ 62,900 3,700 packages General factory $ 60,000 10,000 direct...