Tableau DA 17-1: Quick Study, Computing plantwide overhead rates LO P1
Homework Answers
Solution 1): Calculation of Company’s single plantwide overhead rate based on direct labour hours:
Total Estimated Overheads Cost = Supervision + Maintenance
= $8,000,000
Total Direct Labour Hours = Direct Labour Hours for Finishing + Direct Labour Hours for Assembly
= 25,000 + 100,000 = 125,000 Direct Labour Hours
Therefore, Overhead Rate Based on Direct Labour Hours
= Total Estimated Overheads Cost / Total Direct Labour Hours
= 8,000,000 / 125,000 = $64 per Direct Labour Hour
Solution 2) Calculation of Company’s single plantwide overhead rate based on machine hours:
Total Machine Hours = Machine Hours for Finishing + Machine Hours for Assembly
= 30,000 + 70,000 = 100,000 Machine Hours
Therefore, Overhead Rate Based on Machine Hours
= Total Estimated Overheads Cost / Total Machine Hours
= 8,000,000 / 100,000 = $80 per Machine Hour
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1. Plantwide overhead rate based on direct labour hours |
|||
|
Total Estimated Overheads Cost |
$8,000,000 |
Plantwide overhead rate based on direct labour hours = $64 per Direct Labour Hour |
|
|
Direct Labour Hours |
125,000 Hours |
||
|
2. Plantwide overhead rate based on Machine hours |
|||
|
Total Estimated Overheads Cost |
$8,000,000 |
Plantwide overhead rate based on Machine hours = $80 per Machine Hour |
|
|
Machine Hours |
100,000 Hours |
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Tableau DA 17-1: Quick Study, Computing plantwide overhead rates
LO P1
Chrom Co. manufactures two models,...
Tableau DA 17-2: Exercise, Computing departmental overhead rates LO P2 Chrom Co. manufactures two models, the...
Tableau DA 17-2: Exercise, Computing departmental overhead rates
LO P2
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 75,000 hrs Assembly Total:...
Tableau DA 17-3: Mini-Case, Computing and assigning costs using ABC LO P3 Chrom Co. manufactures two...
Tableau DA 17-3: Mini-Case, Computing and assigning costs using
ABC LO P3
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 75,000 hrs...
Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two...
Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 100 000 75,000 hrs Assembly Ορρρυ Total: $8,000,000 70000 Assembly 50,000...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing "V06000 75,000 hrs - Assembly...
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Check my work Required information Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LO P3 Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Part 1 of 2 0.85 points Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours...
Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LOP3 wants to assign overhead costs...
Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LOP3 wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis Estimated Overhead Costs by Estimated Direct Labor Hours & Machine Hours by Department Estimated Overhead Costs by Estimated Direct Labor Hours & Department Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing o lo 75,000 hrs Assembly Assembly Department Finishing: $3,000,000...
Estimated over cost department finishing: 3,000,000 assembly: 5,000,000 Direct Labor: Assembly: 100,000 Finishing: 25,000 hours Machinery...
Estimated over cost
department finishing: 3,000,000
assembly: 5,000,000
Direct Labor:
Assembly: 100,000
Finishing: 25,000 hours
Machinery
Assembly: 70,000
Finishing: 30,000 hours
Activity cost pool:
sUPERVISION: 2,000,000
Maintenance: 6,000,000
Activity:
supervision: 125,000 direct hours
Machinery: 100,000 machine hours
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for...
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and...
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. DATA FOR GRAPHS: 1) Est. Overhead costs by Department a) Finishing: $3,000,000 b) assembly: $5,000,000 2)Estimated Direct Labor Hours & Machine Hours by Department a) Direct labor hours: Finishing=25,000 hr , Assembly=100,000 hr b) Machine...
DATA FOR GRAPHS: 1) Est. Overhead costs by Department a) Finishing: $3,000,000 b) assembly: $5,000,000 2)Estimated...
DATA FOR GRAPHS:
1) Est. Overhead costs by Department
a) Finishing: $3,000,000
b) assembly: $5,000,000
2)Estimated
Direct Labor Hours & Machine Hours by Department
a) Direct labor hours: Finishing=25,000 hr , Assembly=100,000
hr
b) Machine hours: finishing =30,000 hr , assembly = 70,000 hr
3) Est. Overhead costs by activity
a) supervision : $2,000,000
b) maintenace : $6,000,000
Cost Driver & Exp. Usage by Activity
a) Supervison: 125,000 direct labor hours
b) Maintance: 100,000 machine hours
Chrom Co. manufactures two...
Chrom Co. manufactures two models, the XL and RD
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis.
Tableau DA 17-2: Exercise, Computing departmental overhead rates
LO P2
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 75,000 hrs Assembly Total:...
Tableau DA 17-3: Mini-Case, Computing and assigning costs using
ABC LO P3
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 75,000 hrs...
Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 100 000 75,000 hrs Assembly Ορρρυ Total: $8,000,000 70000 Assembly 50,000...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing "V06000 75,000 hrs - Assembly...
Check my work Required information Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LO P3 Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Part 1 of 2 0.85 points Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours...
Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LOP3 wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis Estimated Overhead Costs by Estimated Direct Labor Hours & Machine Hours by Department Estimated Overhead Costs by Estimated Direct Labor Hours & Department Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing o lo 75,000 hrs Assembly Assembly Department Finishing: $3,000,000...
Estimated over cost
department finishing: 3,000,000
assembly: 5,000,000
Direct Labor:
Assembly: 100,000
Finishing: 25,000 hours
Machinery
Assembly: 70,000
Finishing: 30,000 hours
Activity cost pool:
sUPERVISION: 2,000,000
Maintenance: 6,000,000
Activity:
supervision: 125,000 direct hours
Machinery: 100,000 machine hours
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for...
DATA FOR GRAPHS:
1) Est. Overhead costs by Department
a) Finishing: $3,000,000
b) assembly: $5,000,000
2)Estimated
Direct Labor Hours & Machine Hours by Department
a) Direct labor hours: Finishing=25,000 hr , Assembly=100,000
hr
b) Machine hours: finishing =30,000 hr , assembly = 70,000 hr
3) Est. Overhead costs by activity
a) supervision : $2,000,000
b) maintenace : $6,000,000
Cost Driver & Exp. Usage by Activity
a) Supervison: 125,000 direct labor hours
b) Maintance: 100,000 machine hours
Chrom Co. manufactures two...
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis.
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