ABC Company has two departments, X and Y. Manufacturing overhead is allocated based on direct labor...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
ABC Company has two departments, X and Y. Manufacturing overhead is allocated based on direct labor cost in Department X and direct labor hours in Department Y. The following additional information is available: Estimated Amounts Direct labor costs Direct labor hours Manufacturing overhead costs Department X $249,600 24,960 $259,000 Department Y $427,500 45,000 $262,000 Actual data for completed Job No. 138 is as follows: Estimated Amounts Department X $23,700 Direct materials a. $10.38 per direct labor hour b. $0.13 per direct labor hour c. $12.34 per direct labor hour d. $5.82 per direct labor hour Department Y $48,600 requisitioned Direct labor costs $34,400 Direct labor hours 4,300 Compute the predetermined manufacturing overhead rate for Department Y $38,800 3,800 ABC Company has two departments, X and Y. Manufacturing overhead is allocated based on direct labor cost in Department X and direct labor hours in Department Y. The following additional information is available: Estimated Amounts Direct labor costs Direct labor hours Manufacturing overhead costs Department X $249,600 24,960 $259,000 Department Y $427,500 45,000 $262,000 Actual data for completed Job No. 138 is as follows: Estimated Amounts Department X $23,700 Direct materials a. $10.38 per direct labor hour b. $0.13 per direct labor hour c. $12.34 per direct labor hour d. $5.82 per direct labor hour Department Y $48,600 requisitioned Direct labor costs $34,400 Direct labor hours 4,300 Compute the predetermined manufacturing overhead rate for Department Y $38,800 3,800
Expert Answer:
Answer rating: 100% (QA)
To compute the predetermined manufacturing overhead rate for Departm... View the full answer
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
Posted Date:
Students also viewed these accounting questions
-
Describe what you did (This does not mean that you copy and paste from what you have posted or the assignments you have prepared. You need to describe what you did and how you did it), what you...
-
A coffee mug maker makes 15 different colors of mugs. It decides to postpone the coloring step in the mug manufacturing process and instead supplies all mugs in a neutral color to its main...
-
FedUps packages sent from Boston to San Diego are transported as follows: The package is sent first to either Houston or Pittsburgh, then routed through either Phoenix or Kansas City, and finally...
-
Discuss types of media used in the design of a network given different situations. Namely: What would you do for a college campus with hundreds of staff users and students? How would they connect...
-
What is the mass of a cubic meter of air at room temperature (20C)?
-
Strong Shoes' comparative balance sheet is presented below. Strong reports under ASPE. Additional information: 1. Profit was $28,300. Dividends declared and paid were $26,400. 2. Equipment that cost...
-
Starbucks Corporation and PepsiCo formed a joint venture to produce and distribute Starbucks bottled Frappuccino coffee drink throughout North America. Assume that the 50/50 joint venture had a book...
-
Given in the following table are the tasks necessary for the assembly of Fine Cedar Chests, the length of time needed to perform each task, and the operations that must be completed prior to...
-
Question Set 1: Completing an ANOVA Source Table A group of researchers wants to measure the difference between the cost of different fruits from six grocery stores in the USA (Walmart, Target, Weis,...
-
Jan Martinelli, a junior in college, has been seeking ways to earn extra spending money. As an active sports enthusiast. Jan plays tennis regularly at the Naples Tennis Club, where her family has a...
-
Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours Hubs Sprockets per Unit Annual Production 0.80 28,000 units 0.40 58,000...
-
Assume the forward contract is actually trading at Php4800, rather than the no-arbitrage price. In this situation, we reverse the arbitrage trades and make an arbitrage profit as follows. We are...
-
Julio Ramirez sat forward at his desk and pondered the lat- est contract he taken in his human resource management consultancy. He been contracted by the Metro School District to provide some outside...
-
Joe Houlihan has borrowed $12,000 from the Friendly Finance Company. He will repay the loan by making 10 annual payments of $1869.83. Determine the interest rate that Friendly is charging Joe.
-
Find the absolute maxima for the function: f (x) = 7 x + sin (7x) on the interval [0,2]. Enter the exact answers. absolute maximum = absolute minimum A
-
The length 3 . 7 6 mm is divided by 0 . 0 2 3 2 mm . The appropriately rounded ratio is
-
Solve the proportions in Exercises 15 to 22. 15. 18. 21 # 16. 1.9. 22. 27 - 5 KARTS 53 73 207 7 5 17. = 20. $ NM 42 12
-
Following is the current balance sheet for a local partnership of doctors: The following questions represent independent situations: a. E is going to invest enough money in this partnership to...
-
Irrigation Supply is negotiating with a major hardware chain to supply heavy-duty sprinkler heads at $18,000 each year for 6 years. Irrigation Supply would need to retool at a cost of $20,000 to fill...
-
In the past, organizations have often used 20 to 30 years of historical data to help develop strategic plans for the next 5 to 10 years. However, the fast pace of change in todays business world...
-
Nexas Division A produces a product that can be sold for $200 or transferred to Division B as a component for its product. Division B can buy the part from another suppler at $180. In the current...
-
_________ are attempting to go beyond the basic assumptions of the traditional economic model and augment it with findings from psychology to gain a greater understanding of complex consumer behavior.
-
As an individual approaches consumer equilibrium, the ratio of marginal utility per dollar spent on different goods gets _________ apart across goods.
-
If the last dollar spent on good A provides more marginal utility per dollar than the last dollar spent on good B, total satisfaction would increase if _________ was spent on good A and _________ was...
Study smarter with the SolutionInn App