Reference no: EM132530450
The following information relates to the Moonie Park Manufacturing Company for the year 2012.
Plant capacity 480,000 machine hours
Normal level of production 432,000 machine hours
Budgeted level of production 360,000 machine hours
Budgeted manufacturing overhead $2,160,000
Actual manufacturing overhead for the month of $175,000
Actual machine hours used for February 2012 35,000
Question 1: Calculate the predetermined overhead rates per machine hour based on practical capacity, normal capacity and budgeted capacity respectively.
|
Record the depreciation schedule
: The van cost $56,000 with an estimated life of 5 years and $5,000 salvage value at the end of its useful life. Record the depreciation schedule
|
|
Analyze key characteristics of companies selected
: Analyze the key characteristics of the companies selected, such as the industry in which they operate, the products they provide, their rankings in the industry
|
|
What the amount of cash receipts the company will budget
: What The amount of cash receipts the company will budget for the sale of the equipment is? nagement expects to sell equipment that cost $19,000
|
|
What is the principal of the note
: If the amount of the total interest on the note is equal to $900, then what is the principal of the note
|
|
Provide and solve predetermined overhead rates per machine
: Provide and Solve the predetermined overhead rates per machine hour based on practical capacity, normal capacity and budgeted capacity respectively.
|
|
Examine pros and cons from perspective
: Examine the pros and cons from the perspective of Crestview Hospital of the placement of its new billboard directly adjacent to Briarwood Medical Center.
|
|
Getting regular exercise lowers chances
: Eating a "Mediterranean diet" and getting regular exercise lowers your chances of developing or dying from heart disease or cancer. American doctors
|
|
What amount of loss on realization should be allocated to A
: After all noncash assets are sold and all liabilities are paid, there is a cash balance of P80,000. What amount of loss on realization should be allocated to A
|
|
Find what account would have been credited to record
: Find What account would have been credited to record Fedora's completed production? Determine the number of units that Fedora started during May.
|