Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

S3-7 (similar to) Question Help Falmouth Pools manufactures swimming pocl equipment. Falmouth has estimated the following manufacturing overhead rates using different independent situations: (Click the

image text in transcribed

S3-7 (similar to) Question Help Falmouth Pools manufactures swimming pocl equipment. Falmouth has estimated the following manufacturing overhead rates using different independent situations: (Click the icon to view the rates.) Determine the total manufacturing overhead allccated to Falmouth's manufacturing jobs in the following independent situaticns. 1.Assume that the company actually used 30,250 direct labor hours. 2. Assume that the company actually incurred $1,025,000 of direct labor cost. 3. Assume that the company actually ran the machines 23,450 hours. 4. Briefly explain what you have leamed about the total manufacturing overhead allocated to production. 1. Determine the total manufacturing overhead allocated to Falmouth's manufacturing jobs assuming that the company actually used 30,250 direct labor hours. Enter the formula and compute the total manufacturing overhead allocated to Falmouth's manufacturing jobs. Data Table Manufacturing overhead allocated Estimated manufacturing Estimated quantity Predetermined overhead costs 1,200,000 1,200,000 1,200,000 of allocation base overhead rate Direct labor hours S Direct labor dollars S Machine hours 30,000 S 1,000,000 24,000 $40.00 per DL hour 120% of DL cost $50.00 per MH Choose from any list or enter any number in the input fields and then click Check Answer. PrintDone parts

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Explain how quality initiatives can reduce medical errors.

Answered: 1 week ago

Question

How does your message use nonverbal communication?

Answered: 1 week ago

Question

What reactive strategies might you develop?

Answered: 1 week ago