Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help solve this question Edgington Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.90 per direct labor-hour.

Please help solve this question

image text in transcribed
Edgington Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $1.90 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $111,800 per month, which includes depreciation of $19,650. All other fixed manufacturing overhead costs represent current cash flows. The November direct labor budget indicates that 8,600 direct labor-hours will be required in that month. Required: a. Determine the cash disbursement for manufacturing overhead for November. Casti disbursement for manufacturing overhead b. Determine the predetermined overhead rate for November. (Round your answer to 2 decimal places.) Predetermined overhead rate

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

Using QuickBooks Online For Accounting 2021

Authors: Glenn Owen

4th Edition

0357442164, 9780357442166

More Books

Students also viewed these Accounting questions

Question

1. What is crowdsourcing, and how can it be applied in IMC by DMOs?

Answered: 1 week ago

Question

Explain the steps involved in training programmes.

Answered: 1 week ago

Question

What are the need and importance of training ?

Answered: 1 week ago