User Account

All Pages

Find how much is the predetermined overhead rate

Assignment Help Managerial Accounting
Reference no: EM132543001

Walsam Tools applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for August follows:

Question 1: How much is the predetermined overhead rate?

                              Estimated                   Actual

Overhead cost            $160,000               $161,000

Direct labor hours            8,000                    8,200

Direct labor cost              $120,000              $115,800

Option 1: $1.33

Option 2: $20.00

Option 3: $1.03

Option 4: $19.63

Reference no: EM132543001

Questions Cloud

Identify three management accounting techniques : Identify three management accounting techniques/tools that can be used to instruct Mathew's staff to investigate. For each technique/tool identified
Characteristics of IPO puzzles : Describe the four characteristics of IPO puzzles, in your own words, and why a financial manager is concerned about them.
How many grams of agci will be formed : How many grams of AgCI will be formed when 60 mL of 0.500 M AgNO3 is completely reacted according to the balanced chemical reaction
Compute the liability and equity component : PT ABC issued 1,000 shares of convertible bonds at par with a face value of Rp 200.000 per bond at January 1, 2019. Compute the liability and equity component
Find how much is the predetermined overhead rate : Find How much is the predetermined overhead rate? Walsam Tools applies manufacturing overhead based on direct labor hours.
How many liters of a 0.209 m ki solution : How many Liters of a 0.209 M KI solution of needed to completely react with 2.43 g of Cu(NO3)2 according to the balanced chemical reaction
Calculate the µg of bromide ion remaining : Calculate the µg of bromide ion remaining without precipitating at the end point of titration of 50 ml of a 0.1 mol / L solution of this ion with 0.1 mol
Create analogy or metaphor : Create an analogy or metaphor that explains how banks create and destroy money
Prepare the required journal entries : Prepare the required Journal Entries for the following unrelated items! The par value of the ordinary shares is reduced to $2 with a 5-for-1 share split

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