Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 29, 2024

A company calculated a predetermined overhead rate using machine hours. The company estimated 10,000 direct labor hours, 15,000 machine hours and overhead of $60,000. a.

A company calculated a predetermined overhead rate using machine hours. The company estimated 10,000 direct labor hours, 15,000 machine hours and overhead of $60,000.

a. Calculate the predetermined overhead rate on the basis of machine hours.

b. Calculate the amount of applied overhead if the company used 2,000 direct labor hours and 3,000 machine hours.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fraud In Accounts Payable How To Prevent It

Authors: Mary S. Schaeffer

1st Edition

0470260459, 978-0470260456

More Books

Students also viewed these Accounting questions

Question

★★★★★

Rush Company budgeted that it would incur $180,000 of manufacturing overhead costs in the upcoming period. By the end of the period, Rush had actually incurred manufacturing overhead costs totaling...

Answered: 1 week ago

Question

★★★★★

Poisson lambda lambda X 2 10 0.13533528 4.540E-05 0.27067057 0.000454 W N H 0.27067057 0.00227 0.18044704 0.00756665 0.09022352 0.01891664 0.03608941 0.03783327 0.0120298 0.06305546 0.00343709...

Answered: 1 week ago

Question

★★★★★

29. At a Website, the waiting time X (in minutes) between hits has pdf f(x) 4e4x, x 0; f(x) 0 otherwise. Find MX(t) and use it to obtain E(X) and V(X).

Answered: 1 week ago

Question

★★★★★

Westan Corporation uses a predetermined overhead rate of $23.10 per direct labor-hour. This predetermined rate was based on 12,000 estimated direct labor-hours and $277,200 of estimated total...

Answered: 1 week ago

Question

★★★★★

TooSewn Services had the following details for its' salaried employees on August 13. Gross Wages $36,900.00 Income Taxes $6,642.00 Canada Pension Plan $1,882.00 Employment Insurance $598.00...

Answered: 1 week ago

Question

★★★★★

For languages, L1 : (aa + ab + ba + bb)* and L2 : (a + b)*aa(a + b)* , construct respective DFAs and derive a finite automaton that defines L1L2. Also, construct a regular expression for the...

Answered: 1 week ago

Question

★★★★★

Explain the process of MBO

Answered: 1 week ago

Question

★★★★★

What is the H-C-H bond angle in a methane molecule? [A] 120 [B] 75 [C] 109.5 [D] 150

Answered: 1 week ago

Question

★★★★★

Which of the following metals finds its use as a radiocontrast agent in X-ray imaging? [A] Scandium [B] Lithium [C] Barium [D] Titanium

Answered: 1 week ago

Question

★★★★★

What are the structures formed by the soap molecules, during cleansing, known as? [A] Stearates [B] Esters [C] Micelles [D] Tubes

Answered: 1 week ago

Question

★★★★★

Which one of the following materials is very hard and very ductile? [A] Carborundum [B] Tungsten [C] Cast iron [D] Nichrome

Answered: 1 week ago

Question

★★★★★

2. Workplace comedies and dramas typically play off situations that really arise in organizational settings. Watch a few episodes of such workplace sitcoms as The Office, 30 Rock, and Parks and...

Answered: 1 week ago

Question

★★★★★

2 What communication benefits does telecommuting offer employees? What does it offer the organization?

Answered: 1 week ago

Question

★★★★★

1. Which statement best describes you after you leave work for the day? A. I dont think about work again until I arrive the next morning. B. I usually check my work e-mail before bed. C. I check my...

Answered: 1 week ago

Previous Question Next Question