Homework Answers
| 2a) | predetermined overhead rate | 150 | per machine hour | ||||
| (estimated OH/Estimated MH's) | |||||||
| 2b) | overhead applied to Job 1 | 12000 | |||||
| c) | overhead applied to Job 2 | 10500 | |||||
| (applied overhead = actual mH's*OH rate) | |||||||
| d) | over/under applied amount | 3000 | |||||
| e) | over applied | ||||||
| f) | Journal Entry | ||||||
| Manufacturing overhead | DR | 3,000 | |||||
| cost of goods sold | CR | 3,000 | |||||
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A manufacturing company estimates it will incur $240,000 of overhead costs in the next vear The...
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3. Cartwright Company estimates that annual manufacturing overhead costs will be $380,000 Estimated annual operating activity bases are: direct labor cost $175,000, direct labor hours 40,000 and machine hours 80,000. The actual manufacturing overhead cost for the year was $387,500 and the actual direct labor cost for the year was $172,000. Actual direct labor hour:s totaled 38,500 and machine hours totaled 79,000. Cartwright applies overhead based on direct labor hours a. Compute the predetermined overhead rate per direct labor hour....
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please help Cole Company - company estimates that annual ufacturing overhead cost will be $600,000. Estimated...
please help
Cole Company - company estimates that annual ufacturing overhead cost will be $600,000. Estimated annual operating ctivity bases are: direct 460,006, direct labor hours 40.000 labor cos machine hours 800oo. The actual manufacturing over head cost for the year was $601,000 and the actual direct labor cost for the year was $456,000. Actual labor hour totaled 39.800 and machine hours totaled 79,000. cole applies Overhead based on direct labor hours. Compute the predetermined overhead rate and determine the...
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please help
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