For 2010 omaha mechanical has a monthly overhead cost

Assignment Help Accounting Basics

Reference no: EM13600678

For 2010, Omaha Mechanical has a monthly overhead cost formula of $42,900 + $6 per direct labor hour. Th e firm's 2010 expected annual capacity is 78,000 direct labor hours, to be incurred evenly each month. Making one unit of the company's product requires 1.5 direct labor hours.a. Determine the total overhead to be applied per unit of product in 2010.b. Prepare journal entries to record the application of overhead to Work in Process Inventory and the incurrence of $128,550 of actual overhead in January 2010, when6,390 direct labor hours were worked.c. Given the actual direct labor hours in part (b), how many units would you have expected to be produced in January?

Reference no: EM13600678

Questions Cloud

During the current period department a finished and : during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000

Hypothetical jet purchaseassume that fedex will finance its : hypothetical jet purchaseassume that fedex will finance its first four 777f aircraft with boeing capital

Tim dye the cfo of blackwell automotive inc is putting : tim dye the cfo of blackwell automotive inc. is putting together this years financial statements. he has gathered the

On january 8 the end of the first weekly pay period of the : on january 8 the end of the first weekly pay period of the year regal companys payroll register showed that that its

For 2010 omaha mechanical has a monthly overhead cost : for 2010 omaha mechanical has a monthly overhead cost formula of 42900 6 per direct labor hour. th e firms 2010

Farris corporation produces a single product the following : farris corporation produces a single product. the following is a cost structure applied to its first year of

Fogerty company makes two products titanium hubs and : fogerty company makes two products titanium hubs and sprockets. data regarding the two products follow direct labor

Describe the apparent differences in the order of : describe the apparent differences in the order of presentation of the components of the balance sheet between ifrs as

The beginning cash balance is not included on the cash : the beginning cash balance is not included on the cash budget because the cash budget deals exclusively with cash flows

User Account

All Pages