Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

NO NEED FOR STEPS , JUST GIVE ME THE FINAL ANSWERS ASAP PLEASE !!!!! To Question 27 Graham Manufacturing is a small manufacturer that uses

NO NEED FOR STEPS , JUST GIVE ME THE FINAL ANSWERS ASAP PLEASE !!!!! image text in transcribed
image text in transcribed
To Question 27 Graham Manufacturing is a small manufacturer that uses machine hours as its activity base for assigned overhead couts to jobs. The company estimated the towing amounts for 2019 for company and for Job 621 Direct materials Direct labor Manufacturing overhead coats Machine hours Company Job 62 $60,000 54,500 525,000 12.500 572.000 90,000 1,350 During 2019, the actual machine hours totaled 95,000, and actual overhead costs were $75,000 Compute the predetermined overhead rate (Round answer to 2 decimal place, g. 32.7.) Predetermined overhead rate per machine hour Compute the total manufacturing costs for Job 62 Total manufacturing costs How much overhead is over or underapplied for the year for the company state amount and whether it is over or underapped Overhead If Graham Manufacturing sells Job 62 for $14,000, compute the gross pront. Gross profit Click if you would like to show Work for this question: Open Show Work

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