Compute the predetermined overhead rate per hour

Assignment Help Accounting Basics
Reference no: EM131867530

Question - Kelsh Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for next year:

Kelsh estimates that 5,000 direct labor-hours and 10,000 machine-hours will be worked during the year. The predetermined overhead rate per hour will be:

A. $6.80

B. $6.40

C. $3.40

D. $8.20

Reference no: EM131867530

Questions Cloud

Examine the organizations performance issues : Discuss how training professionals can know whether their organizations' performance issues can be addressed by training.
What is the ending balance for retained earnings : Dividends of $220,000 were paid during the year. What is the ending balance for retained earnings in 2012
How do bonds influence the wacc : How is a "relevant cost" different than an avoidable fixed cost? What is the product margin decision rule?
Discuss the strategic issues in a large multisite company : Discuss the strategic issues in a large multisite company with a single corporate centralized purchasing department versus a decentralized multiple.
Compute the predetermined overhead rate per hour : Kelsh estimates that 5,000 direct labor-hours and 10,000 machine-hours will be worked during the year. The predetermined overhead rate per hour will be
What is w-ps expected rate of return : The trees can be harvested in 8 years, at which time W-P plans to sell the forest at an expected price of $8 million.
Why training must be a strategic imperative : Discuss why training must be a strategic imperative in public and nonprofit organizations and what kinds of analyses need to be made to determine the training.
What are the primary functions of the federal reserve : What are the primary functions of the Federal Reserve? Describe the structure of the Board of Governors of the Federal Reserve.
Determine the cost of each job : Overhead costs are applied to jobs on the basis of machine hours, and predetermined overhead rate is $50 per machine hours. Determine the cost of each job

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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