Question
PLEASE ANSWER ALL QUESTIONS AND SHOW YOUR WORK! Job 101 has a direct materials cost of $800 and a total manufacturing cost of $3,000. Overhead
PLEASE ANSWER ALL QUESTIONS AND SHOW YOUR WORK!
Job 101 has a direct materials cost of $800 and a total manufacturing cost of $3,000. Overhead is applied to jobs at a rate of 150 percent of direct labor cost.
What is the prime cost?
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Leonard Company has the following costs in its manufacturing company
Factory rent | $3,963 |
Direct labor | 5,790 |
Indirect materials | 584 |
Direct materials used | 6,557 |
Sales commissions | 2,630 |
Factory managers salary | 2,951 |
Advertising | 642 |
What are Leonard Company's conversion cost?
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Anderson Inc incurred $90,264 in direct labor costs (5,244 hours) and $16,486 in supervision costs (paid in cash). Debit to Manufacturing Overhead would be $_____________
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Solo Manufacturing company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $163,800 and machine hours to be 13,600. Actual manufacturing overhead was $129,700 and actual machine hours was 13,570.
What is the debit to manufacturing overhead?
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