Management is attempting to maintain an overhead rate of

Assignment Help Accounting Basics

Reference no: EM13600385

Management is attempting to maintain an overhead rate of 175% for an assembled product. The "problem" area is the machining process. Here, the overhead rate is 225% on the basis of $23,000 direct labor. Total direct dollars, excluding machining, is $89,000. Overhead charges, excluding machining, are $150,000. What overhead rate will the company achieve on the basis of this information? Use direct labor dollars as a base. Can anyone help me with this problem ?

Reference no: EM13600385

Questions Cloud

Harry was experiencing financial difficulties and could not : harry was experiencing financial difficulties and could not make the mortgage payments on his home. the mortgage holder

In december 2008 ace consulting performed services for a : in december 2008 ace consulting performed services for a customer for 12000 on account. on june 1 2009 after several

Cash paid to suppliers during the year amounted to 677000 : for each of the following items calculate the amount of revenue or expense that should be recognized on the income

Andretti company has a single product called dak the : andretti company has a single product called dak. the company normally produces and sells 60000 daks each year at a

Management is attempting to maintain an overhead rate of : management is attempting to maintain an overhead rate of 175 for an assembled product. the problem area is the

Motorola inc fired its cfo paul liska in january for a : motorola inc. fired its cfo paul liska in january for a number of reasons related to his performance as stated by

Prepare a statement of cash flows using the direct method : the comparative balance sheet of green earth lawn and garden inc. for december 31 2008 and 2009 is as follows assets

Wernett corporations net income for the most recent year : wernett corporations net income for the most recent year was 1509000. a total of 200000 shares of common stock and

Declared cash dividends of 150 per share on preferred stock : ccounting 232 edition 24 pr13-3a page 616 the following selected accounts appear in the ledger of patton

User Account

All Pages