Albert Corporation manufactures various coffee products and it allocates factory overhead using a single plant wide overhead rate based on DIRECT LABOR HOURS. The company estimates that factory overhead costs will be $60,000 and the total estimated direct labor hours amount 15,000 hours. Employees are paid $10.00 an hour. To produce the 7,500 units of the Standard Coffee, the company requires 7,000 direct labor hours. The factory overhead cost allocated to STANDARD COFFEE is: Select one: O a $10.200 O b. $60,000 O c. $28,000 O d. $30,000 Alaric corporation allocates factory overhead using a single plantwide overhead rate based on machine hours. At the beginning of the year, the company expects to incur $25,500 of overhead costs for 1,000 machine hours. Machine hours for Product K production total 490, while Product M requires 400 machine hours during the year. The factory overhead cost allocated to PRODUCT Kis: Select one: O a $12,495 O b. $12.250 O c. $25,500 O d. 510,200 Shamar Corporation allocates factory overhead using a single plant- wide overhead rate based on machine hours. At the beginning of the year, the company expects to incur $25,500 of overhead costs for 1,000 machine hours. Machine hours for Product K production total 490, while Product M requires 400 machine hours during the year. The factory overhead cost allocated to PRODUCT M is: Select one: O a. S12,495 O b: 510.200 O c. $12.250 O d. $25.500 Charity Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $144,000, variable manufacturing overhead of $2.00 per machine-hour, and 60,000 machine-hours. The predetermined overhead rate is closest to: Select one: O a $2.00 per machine-hour O b. $2.40 per machine-hour O c. 54.40 per machine-hour O d. 56.40 per machine-hour Kennedy Corporation allocates factory overhead using a single plant- wide overhead rate based on DIRECT LABOR HOURS. The company estimates that factory overhead costs will be $60,000 and direct labor hours s will total 15,000 hours. Employees are paid $8.25 an hour. To produce the 7,500 units of the Standard Coffee, the company requires 6,275 direct labor hours, while 10,200 units of Deluxe Coffee require 8,400 direct labor hours. The factory overhead cost allocated to DELUXE COFFEE is: Select one: O a. $25.100 O b. $33.600 O c. 510.200 O d. $11.325 Jasmine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $440,000, variable manufacturing overhead of $2.20 per machine-hour, and 50,000 machine-hours. The estimated total manufacturing overhead is closest to: Select one: O a. 5440,002 O b. 5440.000 OC. $550,000 O d. $110.000 Charity Corporation allocates factory overhead using a single plant-wide overhead rate based on DIRECT LABOR HOURS. The company estimates that factory overhead costs will be $90,000 and direct labor hours s will total 15,000 hours. Employees are paid $8.00 an hour. To produce the 7,500 units of the Standard Coffee, the company requires 6,275 direct labor hours, while 10,200 units of Deluxe Coffee require 8,400 direct labor hours. What is the plant-wide factory overhead rate? Select one: a. 58.00 per direct labor hour O 6. $6.00 per direct labor hour . 54.00 per direct labor hour O d. $12.00 per direct labor hour
