Brief Exercise 22-04 Perine Company has 2.392 pounds of raw materinis December 31, 2019, ending inventory. Required production for January and February of 2020 are 6,600 and 6,000 materials are needed for each unit, and the mated cost per pounds 19. Management desires an ending inventory equal to 26% of next month's materials requirements ts, respectively. 2 pounds of raw Prepare the direct materials budget for January Direct Materials Budget Click if you would like to show Work for this questionOpen Show Work Exercise 17-03 1- 2, 1-2 Ecofas habudgeted overhead co year. The cow has decided t de contr o l a NEXT c over o the creat ivity pool 67,200 h and greet abors which are stated to be 499.000 for the current and red activity convers. These two con pools are cutting cost driver is machine hours) and 700 stocated to the cost on information related to these possa Welcome 102.000 102000 1,020 S10 Number of Total 204.000 .530 Calculate the overhead Overhead rates for based costing( dawers to decal c s 12.25) per machine hour pertup We product line cotton product line Calculate the overhead rate using traditional approach. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rates using the traditional approach per direct labor hour LINK TO VIDEO What amount of overhead would be allocated to the wool and cotton product lines using the traditional approach, assuming direct labor hours were incurred evenly between the wool and cotton? Wool product line Cotton product line Overhead Allocated $ Click if you would like to show Work for this question: Open Show Work Brief Exercise 17-05 Morgana company identifies three activities in its manufacturing process machine setups, machining and inspections Estimated annual overhead cost for each activity is $167,900, 8416,500, and 166,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,300, machine hours 24,509, and number of inspections 1,200 Compute the overhead rate for each activity Machine setups Machining per machine hour Inspections per inspection Click if you would like to Show Work for this question Open Show Work Brief Exercise 22-04 Perine Company has 2.392 pounds of raw materinis December 31, 2019, ending inventory. Required production for January and February of 2020 are 6,600 and 6,000 materials are needed for each unit, and the mated cost per pounds 19. Management desires an ending inventory equal to 26% of next month's materials requirements ts, respectively. 2 pounds of raw Prepare the direct materials budget for January Direct Materials Budget Click if you would like to show Work for this questionOpen Show Work Exercise 17-03 1- 2, 1-2 Ecofas habudgeted overhead co year. The cow has decided t de contr o l a NEXT c over o the creat ivity pool 67,200 h and greet abors which are stated to be 499.000 for the current and red activity convers. These two con pools are cutting cost driver is machine hours) and 700 stocated to the cost on information related to these possa Welcome 102.000 102000 1,020 S10 Number of Total 204.000 .530 Calculate the overhead Overhead rates for based costing( dawers to decal c s 12.25) per machine hour pertup We product line cotton product line Calculate the overhead rate using traditional approach. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rates using the traditional approach per direct labor hour LINK TO VIDEO What amount of overhead would be allocated to the wool and cotton product lines using the traditional approach, assuming direct labor hours were incurred evenly between the wool and cotton? Wool product line Cotton product line Overhead Allocated $ Click if you would like to show Work for this question: Open Show Work Brief Exercise 17-05 Morgana company identifies three activities in its manufacturing process machine setups, machining and inspections Estimated annual overhead cost for each activity is $167,900, 8416,500, and 166,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,300, machine hours 24,509, and number of inspections 1,200 Compute the overhead rate for each activity Machine setups Machining per machine hour Inspections per inspection Click if you would like to Show Work for this question Open Show Work
