Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $243,300 and 8,300 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $244,400 and actual direct labor-hours were 5,800.

The applied manufacturing overhead for the year was closest to: (Round your intermediate calculations to 2 decimal places.)

Garrison 16e Rechecks 2017-08-28
Multiple Choice
•   $290,174
•   $169,998
•   $244,412
•   $170,810


Item26

Time Remaining 2 hours 50 minutes 15 seconds
02:50:15
Item26
Item 26

Time Remaining 2 hours 50 minutes 15 seconds
02:50:15
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $243,900 and 8,900 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $244,800 and actual direct labor-hours were 6,000.

The overhead for the year was: (Round your intermediate calculations to 2 decimal places.)
Garrison 16e Rechecks 2017-08-28
rev: 05_17_2018_QC_CS-127399
Multiple Choice
•   $79,500 underapplied
•   $80,400 underapplied
•   $79,500 overapplied
•   $80,400 overapplied


Item27

Time Remaining 2 hours 49 minutes 48 seconds
02:49:48
Item27
Item 27

Time Remaining 2 hours 49 minutes 48 seconds
02:49:48
Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 2,200 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 61,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 19,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs.
What were the equivalent units for conversion costs in the Assembly Department for the month?
Multiple Choice
•   44,700
•   78,300
•   54,560
•   56,100


Item28

Time Remaining 2 hours 49 minutes 38 seconds
02:49:38
Item28
Item 28

Time Remaining 2 hours 49 minutes 38 seconds
02:49:38
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 20,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $21,700. An additional 95,000 units were started into production during the month. There were 28,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $847,880 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:
Multiple Choice
•   $10.486
•   $11.200
•   $8.142
•   $9.985

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below Id be glad to help you with the Baka Corporation problem and provide explanations for all ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

12th Edition

978-0073526706, 9780073526706

More Books

Students also viewed these Accounting questions

Question

Write CFG for a HTML Parser(compiler)

Answered: 1 week ago