Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTIONS Al Sharjah industrial company allocate the actring overhead cons on the basis of machine hou. The following information is for the seconds 31, 2020

image text in transcribed

QUESTIONS Al Sharjah industrial company allocate the actring overhead cons on the basis of machine hou. The following information is for the seconds 31, 2020 Actual manufacturing overhead (M.OH) couts AED 650.000 Estimated Fixed M. OH costs for the coming year AED 380,000 Actual machine hours 35,000 hours Estimated machine hours for the coming year 40,000 hours Estimated variable MOH cost per machine hour AED 7 Instructions: (show all your calculations). 1- 1-Calculate the pre ermined overhead rate (POHR) for the year 2020 and explain your answer? (3 marks) 2- 2-If the company produced 2,000 units for January and each unit requires 5 machine hours, calculate the M.OH applied (estimated) for January? (2 marks) 3 (12pt) TT T Arial TEE 25

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

Payroll Accounting 2020

Authors: Jeanette Landin

6th Edition

1260247961, 9781260247961

More Books

Students also viewed these Accounting questions

Question

Briefly describe the five principles of succession planning.

Answered: 1 week ago

Question

What are the disadvantages of succession planning?

Answered: 1 week ago