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Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the machine supplies cost and depreciation for
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the machine supplies cost and depreciation for January. (Do not round your intermediate values.) Machine supplies cost Depreciation Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the highlow method, analyze Metcalf's plant maintenance cost and calculate the monthly fixed portion and the variable cost per directlabor hour. (Round your "Variable cost per hour" answer to 2 decimal places.) Variable cost per hour Fixed cost per month ( Required1 Require-:13 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29,300 direct-labor hours are worked. ( Required 2 The following selected data were taken from the accounting records of Metcalf Manufacturing. The company uses directlabor hours as its cost driver for overhead costs. DirectLabor Manufacturing Month Hours Overhead January 31,999 $695,999 February 33,999 734,999 March 43,999 893,999 April 34,999 352,359 May 38,999 399,599 June 35,999 793,599 March's costs consisted of machine supplies ($219,300), depreciation ($29,500), and plant maintenance ($644,200). These costs exhibit the following respective behavior: variable, xed, and semivariable. The manufacturing overhead gures presented in the preceding table do not include Metcalf's supervisory labor cost. which is step fixed in nature. For volume levels of less than 15.000 hours, supervisory labor amounts to $74,500. The cost is $149,000 from 15.000 29,999 hours and $223,500 when activity reaches 30,000 hours or more. Required: 1. Determine the machine supplies cost and depreciation for January. 2. Using the highlow method, analyze Metcalf's plant maintenance cost and calculate the monthly xed portion and the variable cost per directlabor hour. 3. Assume that present cost behavior patterns continue into the latter half of the year. Estimate the total amount of manufacturing overhead the company can expect in November if 29.300 directlabor hours are worked
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