Calculate overhead cost assigned to the car wheels

Assignment Help Managerial Accounting
Reference no: EM132514577

Alonzo inc. manfactures two products: car wheels and truck wheels.

To determine the amount of overhead to assign to each product line, the controller, Yuyu ortega has developed the following information:

Estimated wheels produced: car- 40,000 truck- 10000

Direct labour hours per wheel car-2 truck 6

Total estimated overhead costs for the two product lines are$840,000.

Question 1: Calculate the overhead cost assigned to the car wheels and truck wheels, assuming that direct labour hours are used to allocate overhead costs.

Car wheel-

Truck wheel-

Total overhead-

Reference no: EM132514577

Questions Cloud

Estimate stefanis total standard cost per unit : Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Each unit of product contains 3.40 pounds of materials.
Should the current machine be replaced : Should the current machine be replaced? Net income for the five year period will be ? is it higher or lower?wyla Enterprises uses a computer to handle
What is the probability that a random sample of 90 test : The College Board reported the following mean scores for the three parts of the SAT (The World Almanac, 2009):
What is the probability that a randomly selected lu graduate : The average starting salary for this year's graduates at a large university (LU) is $20,000 with a standard deviation of $8,000. Furthermore, it is known
Calculate overhead cost assigned to the car wheels : Calculate the overhead cost assigned to the car wheels and truck wheels, assuming that direct labour hours are used to allocate overhead costs
Show a joint probability table : What is the conditional probability a respondent uses social media and other websites to voice opinions about television programs given the respondent is female
What constraints might affect the pricing strategy employed : Suggest three methods a company might use to establish transfer prices between operating divisions. What constraints might affect the pricing strategy employed
Prepare the journal entry at December : Expected future net cash flows (discounted, value in use): 5,778,500. Prepare the journal entry at December 31, 2020, to record asset impairment
How many units of each must be sold to break-even : Assume that frames and hangers are sold in a 3:1 mix (3 frames are sold for each hanger). How many units of each must be sold to break-even?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Evaluate the cost of the raw materials

Evaluate the cost of the raw materials used in production during the year and what is the total amount of the costs listed above that are not direct costs of the Brentwood Store?

  ACC544 Internal Control Systems Assignment

ACC544 Internal Control Systems Assignment Help and Solution, University of Phoenix, USA. Calculate the equivalent units of production

  How does management greed influence budget decisions

How does management greed influence budget decisions and understand the value of the budget as a blueprint for the business - even in times of exceptional.

  Majority of lobbying efforts center around fiscal policy

Discuss opinions on lobbying regarding if it is useful and should continue as is, if it should continue but with constraints to limit how much is done, or it should be eliminated.

  Pak company manufactures and sells mountain bikes

PAK Company manufactures and sells mountain bikes. It normally operates eight hours a day, five days a week.

  Find the contribution margin per case for limeade is

Tommy wants to use a minimum of two feet and a maximum of seven feet of front shelf space for each beverage. The contribution margin per case for Limeade is

  How feel as new cisco employee through ciscos orientation

What do you think is the most important thing that a company can provide to a new employee during a new hire orientation? how would feel as a new Cisco employee

  Setting selling prices

Discuss the issues that must be taken into consideration when setting selling prices, which is the usual reason given for the need to know the full cost.

  What is the limitation of given strategy

Borrowing Combined with Forward Hedging Cedar Falls Co. has a subsidiary in Brazil, where local interest rates are high.- What is the limitation of this strategy?

  Prepare a journal entry to record overhead applied to jobs

Prepare a journal entry to record overhead applied to jobs.

  Calculate the other operating expenses for 2014

Explain the possible change that took place in the financing activities over the three- year period and calculate the other operating expenses for 2014.

  Discuss information about sunk costs

Discuss Information about sunk costs generally can be found inthe accounting system; however, information about opportunity costs is rarely found

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd