Incurred actual manufacturing overhead costs

Assignment Help Operation Management

Reference no: EM132206718

Olympia Company incurred actual manufacturing overhead costs of $630,000 during the year ended December 31, 2012. A total of $570,000 in overhead was applied to jobs. At December 31, 2012, work-in-process inventory totals $200,000, and finished goods inventory totals $400,000. Cost of goods sold before adjustments totals $1,400,000 for the year. Is overhead underapplied or overapplied? By how much?

Reference no: EM132206718

Questions Cloud

What actions can you take to your reduce your risks : What infectious diseases are you concerned about getting right now on campus? What actions can you take to your reduce your risks

Discuss personality traits of bill and melinda gates : Describe and discuss the personality traits of Bill and Melinda Gates. Include which trait may have the greatest impact on the foundation?

Determine the equilibrium price and quantity : The government decides to add a 2$ tax per hockey stick sold to be paid by the buyers. Determine the equilibrium price and quantity both before.

What is the percentage change in productivity : Using sales dollars as the measure of output, what is the percentage change in productivity (dollars output per labor hour) from April to May? (

Incurred actual manufacturing overhead costs : Olympia Company incurred actual manufacturing overhead costs of $630,000 during the year ended December 31, 2012.

Write occurrences a function which takes a string : Write occurrences a function which takes a string and returns a string in which all occurrences of the letter 'c' have been "filtered" to the end.

Based on the foreign corrupt practices act : Please note that US laws prohibit such practices of bribery based on the Foreign Corrupt Practices Act.

What happens to gdp deflator and real gdp : Assume a product improves in quality from one year to the next year and its price rises to reflect this improvement. What happens to GDP Deflator and Real GDP?

How command and control approach to management : Explain how a command and control approach to management and leadership can hinder innovation.

User Account

All Pages