Answered step by step
Verified Expert Solution
Question
1 Approved Answer
C) The Sirap Co. estimates that total factory overhead costs will be $300000 for the year. Direct Labor hours are estimated at 37500. Required: 1)
C) The Sirap Co. estimates that total factory overhead costs will be $300000 for the year. Direct Labor hours are estimated at 37500. Required: 1) Determine the Pre-determined factory overhead Rate. 2) Using the Hours from Part 3 B (P.4) Determine the amount of Factory Overhead applied to Jobs 30 and 32 in November. 3) Record the Journal entry to apply factory overhead to production (8 Pts.) lang. Hai Process Cost System. Using Process Costing For Decision Making. (The Cost of Energy Used.) (6 Pts.) The cost of Energy Consumed in Dept. 2 of the Sirap Co. for the Months of October and November is as follows: For October $8400 and November $7400. The number of Equivalent units produced for October 140000 and November 148000. Calculate the cost of Energy for each month. And make a comment on the cost of energy usage between the Two Months. Cost per Unit Oct. Nov. C) The Sirap Co. estimates that total factory overhead costs will be $300000 for the year. Direct Labor hours are estimated at 37500. Required: 1) Determine the Pre-determined factory overhead Rate. 2) Using the Hours from Part 3 B (P.4) Determine the amount of Factory Overhead applied to Jobs 30 and 32 in November. 3) Record the Journal entry to apply factory overhead to production (8 Pts.) lang. Hai Process Cost System. Using Process Costing For Decision Making. (The Cost of Energy Used.) (6 Pts.) The cost of Energy Consumed in Dept. 2 of the Sirap Co. for the Months of October and November is as follows: For October $8400 and November $7400. The number of Equivalent units produced for October 140000 and November 148000. Calculate the cost of Energy for each month. And make a comment on the cost of energy usage between the Two Months. Cost per Unit Oct. Nov
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