Estimated manufacturing overhead

Assignment Help Accounting Basics
Reference no: EM13145507

The predetermined manufacturing overhead rate for 2010 was $4.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $75,000, what was the estimated manufacturing overhead?

A. $15,000

B. $60,000

C. $75,000

D. $93,750

Reference no: EM13145507

Questions Cloud

How much heat is required : The heat of vaporization of benzene, C6H6  , is 30.8 kJ/mol at its boiling point of 80.1 °C. How   much heat is required to vaporize 128 g benzene at its boiling point  ?
Find the temperature of the hcl : A student measures out 100.0 ml of 1.00 M HCl and places it in a styrofoam cup. The temperature of the HCl is 22.30C. She then addes 1.002 g of MgO to the cup.
International financial reporting standards : Which of the following is not a required segment reporting disclosure according to International Financial Reporting Standards?
Prove that the new process has smaller variance : The hole diameter is carefully measured (in cm) for 12 randomly chosen parts. At α = .05, do these independent random samples prove that the new process has smaller variance?
Estimated manufacturing overhead : The predetermined manufacturing overhead rate for 2010 was $4.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $75,000, what was the estimated manufacturing overhead?
Continuing operations before income taxes : Cendant Corporation's results for the year ended December 31, 2011, include the following material items: Cendant Corporation's income from continuing operations before income taxes for 2011 is:
Compare and contrast vegetative features : You do not need to trace the development of every single root and branch, but trace the development of roots and branches to two orders of branching (i.e., a branch attached to a branch attached to the main axis and a root attached to a root attac..
What are the main problems of collecting qualitative data : Why will you choose closed-ended questions as opposed to open-ended questions and what are the main problems of collecting qualitative data
Compute the final celsius temperature of hydrogen : Calculate the final Celsius temperature of hydrogen chloride gas if 0.500 L at 35°C and 0.950 atm is heated

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compare the eva for briggs and stratton for 2007 and 2008

Briggs & Stratton Corporation is the world's largest maker of air-cooled gasoline engines for outdoor power equipment. The company's engines are used by the lawn and garden equipment industry.

  Determine equity at the end of the year

At the beginning of the year, Addison Company's assets are $212,000 and its equity is $159,000. During the year, assets increase $80,000 and liabilities increase $58,000. What is the equity at the end of the year?

  Tax return for the current year

How much income must Barry report on his tax return for the current year? What is the character of income?

  How many additional shares of common stock

How are the shares that have not yet been issued included in the company's balance sheet? Do they represent an asset of the company?

  Cost information relating to single product organisation

The following production and total cost information relates to a single product organisation for the last three months: Month Production Total cost units £ 1 1,200 66,600 2 1,900 58,200 3 1,400 68,200

  Why do you think that they have made this change

For the longest time, companies offered the employees who stayed with the company for many years a defined pension plan for to help them retire when it was time. That time has since passed and companies now offer a defined contribution plan instea..

  Problem related to mortgage on the land

Albert transfers land (basis of $140,000 and fair market value of $320,000) to Gold Corporation for 80% of its stock and a note payable in the amount of $80,000. Gold assumes Albert's mortgage on the land of $200,000.

  Global business language evidence implications

Accounting is becoming a global business language. Provide some evidence of this assertion. What are some of the implications of this trend?

  Compute the price of the bonds on their issue date

Compute the price of the bonds on their issue date. The following information is taken from present value tables:   Present value of an annuity for 10 periods at 3%..8.5302

  Prepare a post-closing trial balance

Accounts of Pioneer Heating Corporation at the end of the first year of operations showed the following balances. In addition, prepaid operating expenses are 4000, and accrued sales commissions payable are $5900. Investment revenue receivable is ..

  Net realizable value of the accounts

Compute the net realizable value of the accounts receivable of Lucille Company at December 31, 2007.

  Why would an agency fund not have revenue

agency funds report assets and liabilities, but not net assets, revenues, or expenses. Briefly explain why this is so. For example, why would an agency fund not have revenue? Why would it not have expenses?

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