User Account

All Pages

Find how much overhead was applied to products during period

Assignment Help Managerial Accounting
Reference no: EM132587114

A manufacturer of industrial equipment has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Denominator Level of Activity 39,00 MHs

Overhead Costs at the Denominator Activity Level:

Variable Overhead Cost $33,345

Fixed Overhead Cost $61,425

The following data pertain to operations for the most recent period:

Actual Hours 3,900 MHs

Standard Hours Allowed for the Actual Output 3,952 MHs

Actual Total Variable Overhead Cost $32,565

Actual Total Fixed Overhead Cost $60,675

Question 1: How much overhead was applied to products during the period, rounded to the nearest dollar?

Reference no: EM132587114

Questions Cloud

How effective are child abuse registries : Does the state have an affirmative legal obligation to protect children from abuse and what happens if the state fails in this obligation?
Find what was the total predetermined overhead rate : Find What was the total predetermined overhead rate, rounded to the nearest cent?Overhead Costs at the Denominator Activity Level
What share of wages is due to schooling : Also, say that 40% the population goes to school for 3 years and 60% for 6 years. What share of wages is due to schooling?
Color in data visualizations : What are the advantages and disadvantages of the usage of color in data visualizations?
Find how much overhead was applied to products during period : A manufacturer of industrial equipment has a standard costing, How much overhead was applied to products during the period, rounded to the nearest dollar?
SLA Service Quality Metrics : SLAs use service quality metrics to express measurable QoS characteristics. descriptive explanation of the importance of including these metrics in the SLA.
Calculate the impact on the annual growth of gdp per capita : Say that a country experienced an increase in its labor force participation rate from 45% to 55% over 10 years.
Construct and diagnose statistical models : Creative Artefact - Critically evaluate the drivers and strategies for advanced analytics and its impact on marketing decision-making
How effective is repositioning every two hours : In A group of patients living in a long-term nursing home facility, (Patient population) how effective is repositioning every two hours (Intervention) compared.

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