Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Stoke Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:
Forming
Assembly
Machine-hours
20,000
15,000
Direct labor-hours
2,000
7,000
Total fixed manufacturing overhead cost
$138,000
$58,100
Variable manufacturing overhead per machine-hour $2.30
Variable manufacturing overhead per direct labor-hour $3.00
During the current month the company started and finished Job A460. The following data were recorded for this job:
Job A460:
80
10
30
50
Required - Compute the amount of overhead applied in the Forming Department to Job A460?
A) $184,000.00
B) $184.00
C) $736.00
D) $664.00
If Kramerica Industries decides to purchase the equipment, then the initial cost of this equipment would be $500,000, How long will it take for the leasing cost
Find Which a FIFO perpetual inventory system? assigns the most recent costs to cost of goods sold when goods are sold./ assigns the most recent costs to ending
Discuss the Summary of Accounting Policies, any income tax policies related to the accounting for income taxes.Transfer pricing and/or tax havens
Assume that the operating results for last year were: Compute the degree of operating leverage at the current level of sales
At the end of the current year, the accounts receivable account has a balance of $650,000, and net sales for the year total $5,500,000. Estimate the amount of the adjustment for doubtful accounts under each of following assumptions:
Why do you think that mortgage interest and real estate taxes for a personal residence are tax deductible, but rent payments are not? Are rental payments for a business tax deductible?
Manning decides to leave the partnership. McNabb agrees to pay Manning $73 000 in a private transaction for his entire share in the business.
pe-2 in january 2012 the management of sarah company concludes that it has sufficient cash to purchase some short-term
Turner inc makes cell phones that sell for $60, fir the coming year management expects fixed cost to total $121,440 and variable cost to be $48.00 per unit.
A heat exchanger purchased by Hot Spot Manufacturing cost $24,000. The exchanger will produce savings of $6500 in each of the 10 years it is in service.
Find what should be the charge in the statement of profit or loss for the year ended 30 September 20X3 for receivables expense?
At the end of 2011, records show the company incurred $789,080 of actual overhead costs. Determine the predetermined overhead rate for year 2011
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd