Calculate the plantwide overhead rate

Assignment Help Managerial Accounting
Reference no: EM132940992

Question - K Tyre Corp producen two types of tren, ropular and now tires. The company was activity based costing and has identified two activities and their budgeted coute Molding Assembly RM 75,000 RM 260 000 Molding is baned on mixing hours and assembly us based on machine hours Information regarding each product is as follows Regular tire Snow fire Units produced 5.000 2.000 Mixing hours 525 275 Machine hours 1000 160

Required -

A. Calculate the activity rate for molding and assembly Round your answer to two decimal places.

B. Calculate how much total overhead is assigned to each type of time.

C. Calculate the unit overhead assigned to each type of tire Amaris.

D. Assume the company does not use ABC costing Calculate the plantwide overhead rate, based on machine hours. Round your answer to two decimal places.

E. Calculate the total overhead assigned to each type of tire using the plantwide overhead rate?

Reference no: EM132940992

Questions Cloud

Find what is the amount of dividend paid for ali redha co : Find What is the amount of dividend paid? Ali Redha Co. needs $140,000,000 for new investment projects. The company has a target capital structure (D/E)
Assignment on cultural competency plan : State 10 goals that will set to help your organization's workforce become more inclusive. What is the motivation of the organization in implementing inclusive
How much cash dividends will get on july : If you have 200 shares of International Cinema B.S.C and you decided to sell 100 shares today, how much cash dividends you will get on 25.07.2021?
Explain the cultural competency : What does cultural competency means to you, and provide examples.
Calculate the plantwide overhead rate : Assume the company does not use ABC costing Calculate the plantwide overhead rate, based on machine hours. Round your answer to two decimal places
How do values influence the study of employment relations : How do values influence the study of employment relations
Evaluate the concept of competency profiling : Evaluate the concept of competency profiling. What are the arguments for and against the users.
Calculate the labour efficiency variance indicators : Calculate the Labour efficiency variance indicators. Standard direct labour rate (4 hours per sweater) $08.00. Actual direct labour rate $08.25
Deployment and continual improvement in organizations : Elaborate on the infrastructure that supports deployment and continual improvement in organizations.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What proportion of kohl corporation is financed by debt

The total assets of Kohl's Corporation equal $13,905 million and its shareholders' equity is $6,048. What proportion of Kohl's Corporation is financed by debt

  Open ledger of standard four-column accounts for Hearts Inc

Cash, 11, $4,123; Accounts Receivable, 12, $6,725; Supplies, 13, $290; Prepaid Insurance, 14, $465; Open ledger of standard four-column accounts for Hearts Inc

  Compute the predetermined overhead rate to apply factory

Compute the predetermined overhead rate to apply factory overhead. Round your answer to the nearest cent. Cavy Company estimates that the factory overhead

  Solve minimum price firm would be prepared to charge

Calculate the minimum price the firm would be prepared to charge. A firm has excess capacity, and has received an order for 50000 units at $20 each over

  Which inventory costing method results in higher income

Which inventory costing method results in higher income for Joe? Showing your work, use this method to calculate his profit as well as ending inventory value.

  Compute what was the materials price variance

What was the materials price variance?The Alpha Company produces toys for national distribution. Standards for a particular toy

  What would be the total contribution margin

What would be the total contribution margin reported on this retailer's contribution format income statement - management is considering increasing advertising

  Analyze using the accounts receivable aging method

Analyze using the accounts receivable aging method. Aging account schedule for the Wilson Company. Today's date is December 31, 2013.

  Prepare a report for john cruise

CASE REPORT - Prepare a report for John Cruise and alculation of the breakeven point for the proposed helmets - Island Wheels should go ahead and produce

  Information about budget

Discuss how a budget could help you personally or your organization accomplish the objectives of long range plan developed for you personally or for your organization.

  What is the value of ending inventory using variable costing

During the year, Richetti produces 1,500 pairs of speakers and sells 1,200 pairs. What is the value of ending inventory using variable costing

  Prepare a sales budget by month

Prepare a sales budget, by month and in total, for the third quarter. Also prepare a schedule of expected cash collections, by month and in total, for the third quarter.

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