Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Check my we Lasser Company plans to produce 11,000 units next period at a denominator activity of 33.000 direct labor-hours. The direct labor wage rate

image text in transcribed
image text in transcribed
Check my we Lasser Company plans to produce 11,000 units next period at a denominator activity of 33.000 direct labor-hours. The direct labor wage rate is $11.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product, the material costs $9.40 per yard. The company's budget includes variable manufacturing overhead cost of $2.40 per direct labor hour and fixed manufacturing overhead of $207,900 per period. 0.83 points foto Required: 1. Using 33,000 direct labor hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. 2. Complete the standard cost card below for one unit of product Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using 33,000 direct labor hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements. Round your answers to 2 decimal places.) Predined overhead OLH DLH Variatement Found element Required ) EXICU Chop 10 WAU Check my work Lasser Company plans to produce 11.000 units next period at a denominator activity of 33.000 direct labor hours. The direct labor wage rate is $1100 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $940 per yard. The company's budget includes variable manufacturing overhead cost of $2.40 per direct labor hour and fixed manufacturing overhead of $207900 per period lo in jo io Required 1 Using 33,000 direct labor hours as the denominator activity, compute the predetermined overhead rate and break it down into variable and fixed elements 2. Complete the standard cost card below for one unt of product Complete this question by entering your answers in the tabs below Required Required 2 Compte tendancot card below for one and answers to decimal places) of product et standard sound your Standard Quantity 02 Standard Price Standard

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

More Books

Students also viewed these Accounting questions