S3-9 (similar to) E Question Help Alan Industries manufactures wooden backyard playground equipment. Alan estimated $1,830,000...
need help with #3 EQuestion Help Bamey Industries manufactures wooden backyard playground equipment. Bamey estmated $1,875,000 of manufacturing overhead and $2,020,000 of direct labor cost for the year. After the year was over, the accounting records indicated that the company had actually incurred $1,620,000 of manufacturing overhead and $2,550,000 of direct labor cost 1. Calculate Bamey's predetermined manufacturing overhead rate, assuming that the company uses direct labor cost as an allocation base. 2. How much manufacturing overhead would have been...
Score: 0 of 1 pt 5 of 13 (3 complete) HW Score: 18.75%, 3 of 16 pts S3-9 (book/static) Question Help Adam Industries manufactures wooden backyard playground equipment. Adam estimated $1,800,000 of manufacturing overhead and $2,000,000 of direct labor cost for the year. After the year was over, the accounting records indicated that the company had actually incurred $1,660,000 of manufacturing overhead and $2,650,000 of direct labor cost. 1. Calculate Adam's predetermined manufacturing overhead rate, assuming that 2. How much...
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...
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....
53-6 (SIMllar tO) Question Help Falmouth Pools manufactures swimming pool equipment. Falmouth estimates total manufacturing overhead costs next year to be S1,200,000. Falmouth also estimates it will use 18,750 direct labor hours and incur $1,000,000 of direct labor cost next year. In addition, the machines are expected to be un for 15,000 hours. Compute the predetermined manufacturing overhead rate for next year under the following independent situations: . Assume that the company uses direct labor hours as its manufacturing overhead...
Job Order Costing Selected cost data for Vintage Print, Co. are as follows: Estimated manufacturing overhead cost for the year Estimated direct labor cost for the year Actual manufacturing overhead cost for the year Actual direct labor cost for the year $120,000 $100,000 S116,000 $76,000 1. Compute the predetermined overhead allocation rate per direct labor dollar 2. Prepare the journal entry to allocate overhead cost for the year. 3. Use a T-account to determine the amount of underallocated or overallocated...
S3-7 (similar to) Question Help Falmouth Pools manufactures swimming pocl equipment. Falmouth has estimated the following manufacturing overhead rates using different independent situations: 囲(Click the icon to view the rates.) Determine the total manufacturing overhead allccated to Falmouth's manufacturing jobs in the following independent situaticns. 1.Assume that the company actually used 30,250 direct labor hours. 2. Assume that the company actually incurred $1,025,000 of direct labor cost. 3. Assume that the company actually ran the machines 23,450 hours. 4. Briefly...
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...
1-2, please. S3-11 (book/static) Question Help Well Flow Company had estimated $1,053,000 of manufacturing overhead (MOH) for the year and 58,500 direct labor (DL) hours, resulting in a predetermined MOH rate of $18 per DL hour. By the end of that year, the company had actually incurred $1,005,000 of MOH costs and had used a total of 57,000 DL hours on various jobs. 1. By how much did the company overallocate or underallocate MOH for the year? 2. Was MOH...
Homework: Ch 3 HW Score: 0 of 1 pt S3-6 (book/static) Save 2 of 13 (7 complete) HW Score: 46.73%, 7.48 of 16 pts Question Help Edmonton Pools manufactures swimming pool equipment. Edmonton estimates total manufacturing overhead costs next year to be $1,400,000. Edmonton also estimates it will use 50,000 direct labor hours and incur $1,000,000 of direct labor cost next year. In addition, the machines are expected to be run for 40,000 hours. Compute the predetermined manufacturing overhead rate...