Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help. thank you 15) Iglesias, Inc. completed Job 12 on November 30. The details of Job 12 are given below: irect labor cost 586
please help. thank you
15) Iglesias, Inc. completed Job 12 on November 30. The details of Job 12 are given below: irect labor cost 586 rect materials cost Machine hours $1,100 the 9 hour 23 hou irect labor hours Predetermined overhead allocation rate $80 per machine hour What is the total cost of Job 12? A) $2,680 B) $1,960 C) $1,580 D) $1,820 16) Happy Clicks, Inc. uses a predetermined overhead allocation rate of $5.25 per machine hour. Actual overhead costs incurred during the year are as follows: ndirect materials ndirect labor lant depreciation $5,600 $2,000 $4 59,900 t utilities and insurance lant overhead costs $12,100 7,100 hou Total machine hours used during year What is the amount of manufacturing overhead cost allocated to Work-in-Process Inventory during the year? A) $41,000 B) $7,600 C) $33,400 D) $37,275 1Z) Forsyth, Inc. uses estimated direct labor hours of 240,000 and estimated manufacturing overhead costs of $1,150,000 in establishing its predetermined overhead allocation rate for the year. Actual results showed the following: $800,00 tual manufacturing overhead 5900,0 ocated manufacturing overhead as (Round any intermediate The number of direct labor hours worked during the period was calculations to two decimal places, and your final answer to the nearest whole number.) A) 240,000 hours B) 187,891 hours C) 167,015 hours D) 213,333 hoursStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started