X Company has the following estimated costs for 2020: X Company
estimates that direct labor hours for the year will be 1,300, and
machines will be operated for 64,000 hours. If overhead is
allocated on the basis of machine hours, what will the 2020
overhead rate be?
Plantwide predetermined overhead rate | Total manufacturing overhead/Estimated machine hours | ||||
Calculation of manufacturing overhead | |||||
Factory supplies | $18,100 | ||||
Factory supervision | $28,900 | ||||
Factory rent | $49,000 | ||||
Factory insurance | $58,400 | ||||
Total manufacturing overhead | $154,400 | ||||
Overhead rate | 154400/64000 | ||||
Overhead rate | $2.41 | per MH | |||
X Company has the following estimated costs for 2020: X Company estimates that direct labor hours...
X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory supervision Marketing research Factory rent Sales salaries Factory insurance $58,100 22,400 20,500 29,700 47,000 40,300 40,000 64,300 X Company estimates that direct labor hours for the year will be 1,400, and machines will be operated for 60,000 hours. If overhead is allocated on the basis of machine hours, what will the 2020 overhead rate be? 6.90 Submit Answer Incorrect. Tries 2/3 Previous Tries
X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory supervision Marketing research Factory rent Sales salaries Factory insurance $59,100 20,800 19,100 29,200 42,500 47,000 43,000 67,900 X Company estimates that direct labor hours for the year will be 1,600, and machines will be operated for 62,000 hours. If overhead is allocated on the basis of machine hours, what will the 2020 overhead rate be? Submit Answer Tries 0/3
X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory supervision Advertising Factory rent Sales salaries Factory insurance $55,800 27,200 18,300 30,800 47,900 47,500 50,000 65,600 X Company estimates that direct labor hours for the year will be 1,600, and machines will be operated for 64,000 hours. If overhead is allocated on the basis of direct labor hours, what will the 2020 overhead rate be? 5.96
X Company estimates that direct labor hours for the year will be
1,400, and machines will be operated for 65,000 hours. If overhead
is allocated on the basis of machine hours, what will the 2020
overhead rate be. The answer is not 7.23 or 2.38.
X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory supervision Advertising Factory rent Sales salaries Factory insurance $59,600 22,400 18,600 29,800 41,300 47,200 50,000 66,300 X Company estimates...
X Company estimates that direct labor hours for the year will be
1,400, and machines will be operated for 65,000 hours. If overhead
is allocated on the basis of machine hours, what will the 2020
overhead rate be
X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory supervision Advertising Factory rent Sales salaries Factory insurance $59,600 22,400 18,600 29,800 41,300 47,200 50,000 66,300 X Company estimates that direct labor hours for the year...
X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory supervision Marketing research Factory rent Sales salaries Factory insurance $56,800 27,200 21,800 30,200 40,800 43,700 45,000 68,800 X Company estimates that direct labor hours for the year will be 1,700, and machines will be operated for 65,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be? Submit Answer Tries 0/3
X Company has the following estimated costs for 2020: Direct materials $56,700 Direct labor 22,400 Factory supplies 19,000 Factory supervision 29,800 Marketing research 43,300 Factory rent 40,300 Sales salaries 46,000 Factory insurance 68,600 X Company estimates that direct labor hours for the year will be 1,400, and machines will be operated for 63,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be?
X Company has the following estimated costs for 2020: Direct materials $56,700 Direct labor 22,400 Factory supplies 19,000 Factory supervision 29,800 Marketing research 43,300 Factory rent 40,300 Sales salaries 46,000 Factory insurance 68,600 X Company estimates that direct labor hours for the year will be 1,400, and machines will be operated for 63,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be?
X Company has the following estimated costs for 2020: Direct materials $55,200 Direct labor 21,000 Factory supplies 19,400 Factory supervision 31,500 Marketing research 45,600 Factory rent 48,200 Sales salaries 44,000 Factory insurance 64,800 X Company estimates that direct labor hours for the year will be 1,500, and machines will be operated for 69,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be?
X Company has the following estimated costs for 2020: Direct materials $55,200 Direct labor 21,000 Factory supplies 19,400 Factory supervision 31,500 Marketing research 45,600 Factory rent 48,200 Sales salaries 44,000 Factory insurance 64,800 X Company estimates that direct labor hours for the year will be 1,500, and machines will be operated for 69,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be?