Estimated actual overhead cost

Assignment Help Financial Accounting
Reference no: EM131287237

BCS Company applies manufacturing overhead based on direct labor cost. Information concerning manufacturing overhead and labor for August follows: Estimated Actual Overhead cost $174,000 $171,000 Direct labor hours 5,800 5,900 Direct labor cost $87,000 $89,975 How much is the predetermined overhead rate?

Reference no: EM131287237

Questions Cloud

What were your goals : Discuss a time you needed to lead at school, work, or home. What were your goals? Did you seek help from anyone?
Prepare the journal entry to record the sale of bonds : On December 31, 2011, Harrington Corporation sold $90,000 of 15-year, 11 percent bonds. The bonds sold for $86,000 and pay interest semiannually on June 30 and December 31. Prepare the journal entry to record the sale of bonds. Calculate the amount o..
Write a summary about criminal justice union issues : summarizes the item of conflict, and then discuss its significance for conflict diagnosis and conflict resolution.
Advertising repetition and advertising burn-out : Research and discuss the fine line drawn between advertising repetition and advertising burn-out, and give specific examples. Include a hospitality slogan/tagline that comes to mind with respect to brand recognition? Provide the numbers above when ..
Estimated actual overhead cost : BCS Company applies manufacturing overhead based on direct labor cost. Information concerning manufacturing overhead and labor for August follows: Estimated Actual Overhead cost $174,000 $171,000 Direct labor hours 5,800 5,900 Direct labor cost $87,0..
Which systems are equivalent to each other : Represent each of the force systems with a force-couple system having the force act at point A. Which systems are equivalent to each other?
Individual tax return for the inheritance : On March 1, 2015, Lois learned that she was bequeathed 1,000 shares of Race Corp. common stock under the will of her uncle, Pat. the date of Pat’s death, was $8,000 and had increase to $11,000 six months later. How much should Lois include in her ind..
Types of defined-contribution pension plans : Three of the following are types of defined-contribution pension plans. Which of the following is not a type of defined-contribution pension plan?
Differences between the use of a traditional distribution : What are the differences between the use of a traditional distribution center and one that relies on cross-docking?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Total depreciation expense for the current year

Cardco Inc. has an annual accounting period that ends on December 31. During the current year a depreciable asset that cost $43,500 was purchased on September 2. The asset has a $4,300 estimated salvage value. The company uses straight-line depreciat..

  Statements is omitted from nonpublic company audit reports

What is the auditor's responsibility when there is a substantial going concern issue? Which of the following statements is omitted from nonpublic company audit reports?

  Illustrate what areas seemed familiar to you

It's also important because it affects all of us, in one way or another, in our daily life. After R5 and R6 coverage of the UCC, illustrate what areas seemed familiar to you because of personal experiences?

  Prepare the stockholders equity section

A corporation was formed on January 1 and was authorized to issue 400,000 shares of common stock at $2 par value.

  Interest coverage ratio of sevcik company

During the current year, Sevcik Company had pretax income from continuing operations of $19,200, which included interest expense of $4,000.

  Shares of preferred stock were outstanding

Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were o..

  Enter the trial balance on a worksheet

Enter the trial balance on a worksheet and complete the worksheet.

  What should the one year maturity futures price be

Suppose the value of the S&P 500 Stock Index is currently $1,200. If the one-year T-bill rate is 3% and the expected dividend yield on the S&P 500 is 2%, what should the one-year maturity futures price be? What if the T-bill rate is less than the div..

  Identify and research one not-for-profit organization

Identify and research one (1) not-for-profit organization and provide the Web link to the most recent financial report of the organization. Provide at least two (2) examples of the statements either following or not following the guidance provided by..

  Transactions pertaining to stock investments

Dossett Company had the following transactions pertaining to stock investments.

  Calculate the company basic and diluted eps

Forest Company reported net income of $4.8 million for the fiscal year ended 30 June 2009 and had a weighted average of 1,000,000 common shares outstanding. At the beginning of the fiscal year, the company has outstanding 60,000 options with an exerc..

  How do spreadsheets aid application of sensitivity analysis

How do Spreadsheets aid the application of sensitivity analysis? Is budgeting an unnecessary burden for day to day problems? Explain your answer.

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