User Account

All Pages

Estimate total overhead cost at activity level of machine

Assignment Help Managerial Accounting
Reference no: EM132565180

Dundar Mifflin makes electronic products for the RCMP. The following data is for the first six months:

                                  Direct Labor Hours                      Manufacturing Overhead

January                             45,000                                  $295,000

February                           60,000                                      $302,500

March                                57,000                                     $323,000

April                                       58,000                                $320,000

May                                      26,000                                  $160,200

June                                     29,000                                      $162,500

Required:

Question 1. Use the high-low method to estimate the cost formula

 

Question 2. Estimate the total overhead cost at an activity level of 47,000 machine hours, using the separate estimates you obtained for its components.

Reference no: EM132565180

Questions Cloud

Which companies would be best served by a plantwide : Which companies would be best served by a plantwide overhead rate? A company whose products use overhead resources in very different ways.
Minimum wage and gender identity : Evaluate the arguments presented for and against the minimum wage. States have the right to mandate a minimum wage that is higher than the federal minimum wage.
Describe the process of neurulation : a) Describe the process of neurulation. b) Identify the germ layer from which the nervous system forms.
How the cost of goods sold and operating expenses impact : Explain how the Cost of Goods Sold and Operating Expenses impact the Internal factors (strengths & weaknesses) and External factors
Estimate total overhead cost at activity level of machine : Estimate the total overhead cost at an activity level of 47,000 machine hours, using the separate estimates you obtained for its components.
Understand your organization from various perspectives : You will need to understand your organization from various perspectives. Often you will need to make assumptions about systems, processes,
Aggregations will increase the survivorship : Cephalopods are a class of molluscs that include octopus, squid and cuttlefish.
Explain why organizational structures differ : Explain why organizational structures differ. Define and provide an example of the four reasons why structures differ,
Are epithelial tissues vascular or avascular : Are epithelial tissues vascular or avascular? Please explain your answer

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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