This predetermined rate was based on a cost formula that

Assignment Help Accounting Basics
Reference no: EM13585726

Westan Corporation uses a predetermined overhead rate of $23.10 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $277,200 of total manufacturing overhead for an estimated activity level of 12,000 direct labor-hours. The company incurred actual total manufacturing overhead costs of $266,000 and 12,600 total direct labor-hours during the period.

Required: Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.

Reference no: EM13585726

Questions Cloud

What is the success rate and estimated cost for : 1 a.if soil is contaminated with dioxin what kind of phytoremediation may be successful in removing it and why? b.if
On january 1 2010 jacob issues 970000 of 9 12-year bonds at : on january 1 2010 jacob issues 970000 of 9 12-year bonds at a price of 96.5. all interest is accounted for and paid
At the time of the destruction mrs brown had an adjusted : during the current year mrs. brown paid 15000 for the demolition of a warehouse she was using in her business. at the
Verify the exact value of your optimal solution by solving : the following table summarises the key facts about two products a and b and three resources q r and s required to
This predetermined rate was based on a cost formula that : westan corporation uses a predetermined overhead rate of 23.10 per direct labor-hour. this predetermined rate was based
Consider a rocket launched from vandenberg afb ca : consider a rocket launched from vandenberg afb ca longitude34.6 degrees having an initial velocity of 3 kms in the
The general fund transfers 25000 to the debt service fund : interfund transactions are reciprocal or nonreciprocal. prepare journal entries to record the following interfund
Specify when deferred income taxes would need to be : this year gumowski company has each of the following items in its income statement.1. gross profits on installment
The density of the gas phase at that point was found to be : elemental sulphur occurs in the solid state as 8-membered rings arranged in rhombohedral crystal structure s8 which

Reviews

Write a Review

Accounting Basics Questions & Answers

  Analyse the relative attractions of leasing as a financing

A common question when making a capital budgeting decision is whether to lease or buy an asset. This is akin to the 'make or buy choice' that is often faced by management accountants.

  Transfer taxes to change the title

Cardinal, LLC incurred $20,000 of startup expenses, $3,000 of organizational costs, and paid $10,000 in transfer taxes to change the title (ownership) of a building contributed by one of the LLC's members. Which of the following statements is corr..

  Definitions important to policy setting bodies

Why are asset and liability definitions important to the theoretical structure of accounting? Why are definitions important to policy setting bodies?

  Balance sheet for the baggett company

Prepare a December 31, 2007 balance sheet for the Baggett Company - compute the debt ratio.

  Lang enterprises was started when it acquired 4000 cash

lang enterprises was started when it acquired 4000 cash from creditors and 6000 from owners. the company immediately

  What recommendation would you make to management

Management is considering dropping product lines A and B.If 50% of the fixed costs for dropped products could be avoided, what recommendation would you make to management? Quantify you answer.

  Spread between forward and spot rates

Which of the following factors influences the spread between forward and spot rates?

  Unrelated business taxable income

Assuming that the $7,500 was deducted in calculating net unrelated business income, what is Tan s unrelated business taxable income?

  List the numbers of the above transactions and describe the

selected transactions for evergreen lawn carecompany are listed below.1. made cash investment to star business2. paid

  Employees earn vacation pay at rate of one day per month

employees earn vacation pay at the rate of one day per month. during july 25 employees qualify for one vacation day

  Assume that as of august 1 2012 5000 units of flat panel

assume that as of august 1 2012 5000 units of flat panel displays have been produced and sold during the current year.

  Prepare a balance sheet and cash flow statement

Prepare a Balance sheet, income statement, and cash flow statement for the data below?

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