For the current year genius company estimates 150000 in

Assignment Help Accounting Basics
Reference no: EM13600102

For the current year, genius company estimates $150,000 in manufacturing overhead cost. actual overhead wound up being $140,000. if the predetermined overhead rate was $8.00 per direct labour hour, how many hours were estimated to be worked during the year?

Reference no: EM13600102

Questions Cloud

Nate arranges for 21400 of home improvement work to be done : nate arranges for 21400 of home improvement work to be done on his house financed with payments of 401 per month for 5
Foam pet mattress company can sell as many pet bed models a : foam pet mattress company can sell as many pet bed models a and b that it can produce but the company has limited
Abc job required 200 of direct materials and 10 direct : abc job required 200 of direct materials and 10 direct labour hours at 15 per hour. estimated total overhead for the
When there is a balance of under or over applied overhead : when there is a balance of under or over applied overhead there are two acceptable methods for closing out this
For the current year genius company estimates 150000 in : for the current year genius company estimates 150000 in manufacturing overhead cost. actual overhead wound up being
Cooper electronics uses npv profiles to visually evaluate : cooper electronics uses npv profiles to visually evaluate competing projects. key data for the two projects under
Lucinda lopez is a cost accountant for northern apparel inc : lucinda lopez is a cost accountant for northern apparel inc. marcus murry vice president of marketing has asked lucinda
Billabong tech uses the internal rate of return irr to : billabong tech uses the internal rate of return irr to select projects. calculate the irr for each of the following
On jul 1 2009 gerdin company borrowed 100000 the company : on jul 1 2009 gerdin company borrowed 100000. the company signed a note payable with interest at 6 per year. the note

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the horizon or continuing value

Current and projected free cash flow for Radell Global Operations are shown below. Growth is expected to be constant after 2012, and the weighted average cost of capital is 11%. What is the horizon (continuing) value at 2012?

  Disadvantages of job order costing-procss costing

What are the advantages and disadvantages of job order costing, procss costing, andactivity based costing systems.

  Federal taxation comprehensive 2014 prentice hall

Using the book;" Federal Taxation Comprehensive 2014, Prentice Hall".

  Fair market value of the stock

If a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock, the stockholder has received a

  Prepare ais journal entry to record the issuance of the

ai corporation issued 90210 shares of 20 par value cumulative 8 preferred stock on january 1 2007 for2527500. in

  Scorpion inc is trying to decide whether to increase the

scorpion inc. is trying to decide whether to increase the commission based pay of its salespeople. currently each of

  Balance of accounts payable

The normal balance of accounts payable accoiunt is a ______because it is a(an)_____ account

  Besides comparability as stated what other factors might

ifrs reporting rules that apply in many countries outside the u.s permit management to for example revalue long lived

  What were the cash balances at the beginning

Locate the balance sheet, income statement, and statement of cash flows of Home Depot, Inc., in Appendix A of your text. Review those statements and then respond to the following for the year ended January 31, 2010 (fiscal year 2009).

  Compute variance for the items

Compute variance for the following items and indicate whether each variance is favorable or unfavorable.

  Problem related to rules of debit and credit

Which pair of accounts follows the rules of debit and credit in relation to increases and decreases in the same manner?

  Describe three issuesproblems that a company could

describe three issuesproblems that a company could encounter when trying to determine the actual cost of a good or

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