How much was actual manufacturing overhead cost

Assignment Help Accounting Basics
Reference no: EM132599842

Question - The following information relates to Your Company: 

Total manufacturing overhead estimated for the year $115,000

Predetermined overhead rate $3.50 per MH

Total machine hours incurred during the year 30,000 MHs

Manufacturing overhead under-applied for the year $6,750

How much was actual manufacturing overhead cost?

Reference no: EM132599842

Questions Cloud

What the journal entry to record the reissuance will include : Shares for 24 per share. On September 30, 2019, Dunn reissued 500 of the shares for 28 per share. The journal entry to record the reissuance will include
Summarize relationship between influence and power : Explain power and compare how it relates to leadership. Summarize the relationship between influence and power.
What amount should be reported as total current liabilities : Tax liability is based on temporary difference that will reversed in 2019. What amount should be reported as total current liabilities on December 31,2018?
What is the coefficient of kinetic friction : (a) What work has the friction performed to stop the vehicle? (b) What is the coefficient of kinetic friction between the tires and the road?
How much was actual manufacturing overhead cost : Total manufacturing overhead estimated for the year $115,000 and Predetermined overhead rate $3.50 per MH. How much was actual manufacturing overhead cost
Friction force between the suitcase and the ground : (a) If the friction force between the suitcase and the ground is 75 N, what force is the student exerting? (b) What is the coefficient of friction?
Summarize the different types of market structures : Explain economic principles and their applications in the real world. Summarize the different types of market structures and the role of government in economic.
What are the effects of the transactions : What are the effects of the transactions listed above on profit or loss before tax in the first and second quarter interim financial statements of ABC?
Unprecedented legitimacy of equality : Modern societies are characterized by the unprecedented legitimacy of equality as an ideal and as a political norm,

Reviews

Write a Review

Accounting Basics Questions & Answers

  Beginning wip inventory costs for october was 14920 for

joyner inc. manufactures pillar candles. in october 2008 company production was 26800 equivalent units for direct

  Calculate ending inventory and cost of goods sold

Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost

  Compute the payback period and accounting ror

Santana Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furniture line.

  Discuss vectorcals indirect costs based on the direct costs

Predict VectorCal's indirect costs based on the direct costs (e.g. direct labor, direct materials or both). Next, from the e-Activity provide two example

  What is the expected profit if jean and jill decide

Based on the demand distribution above, how many apple pies should Jean and Jill bake each day to maximize her expected profit?

  The portfolio''s overall fair value to substantially decline

The poor economy in the past year has caused the portfolio's overall fair value to substantially decline; however, some securities have increased in value and others have decreased. Cameron earns a bonus each year, which is computed as a percen..

  What accounts should be debited and credited

The maker of a $10,000, 8%, 90-day note receivable failed to pay the note on the due date of June 30. What accounts should be debited and credited by the payee to record the dishonored note receivable?

  Determine pension expense for the year

Determine pension expense for the year. Prepare the journal entries to record pension expense and funding for the year.

  Determine the future worth for given problem

Your company is looking at purchasing a loader at a cost of $125,000. The loader would have a useful life of seven years.

  Describe the audit evidence should gather to address

You are the manager on the audit of Nobel Sdn. Bhd., a listed company, Describe the audit evidence you should gather to address

  Each increase and decrease in stockholders'' equity

A tabular analysis of the transactions made during August 2012 by Nigel Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained.

  Describe the major differences among industrial firms

Describe the major differences among industrial firms, resellers, and government units in the United States.

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