Total machine hours incurred during the year 118000

Assignment Help Accounting Basics
Reference no: EM13480316

The following information relates to Araceli Manufacturing Company:

  1. total estimated maunufacturing overhead cost at beginning of year $864,000
  2. predetermined overhead rate (based on machine hours) $7.20 per hour
  3. total manufacturing cost incurred during the year $885,000
  4. total machine hours incurred during the year 118,000 hour
  5. What was Araceli's underapplied or overapplied overhead for last year?

Reference no: EM13480316

Questions Cloud

Calculate the mean median mode standard deviation and range : include a title page with your assignment in current apa. answers must be clearly labeled and appear in consecutive
Ethler enterprise has an unlevered beta of 11 ether is : ethler enterprise has an unlevered beta of 1.1. ether is financed with 35 debt and has levered beta of 1.2. if the risk
Fauver enterprises declard a 4 for 1 stock split last year : fauver enterprises declard a 4 for 1 stock split last year andthis year its dividend is 1.10 per share. this total
Labor 52400 depreciation 6700 supplies 2500 power 1400 : audio master inc manufacturers audio speakers. each speaker requires 125 per unit direct materials. the speaker
Total machine hours incurred during the year 118000 : the following information relates to araceli manufacturing companytotal estimated maunufacturing overhead cost at
Type your question heretoan inc uses a job-order costing : type your question heretoan inc. uses a job-order costing system in which any underapplied or overapplied overhead is
What does section 404 require of managements internal : what does section 404 require of managements internal control report? research a public company and explain how
Del mare inc earned net income of 210000 during the year : del mare inc. earned net income of 210000 during the year ended december 31 2012. on december 15 2012 del mare inc.
The company pays its employees at the end of the day friday : the company pays its employees at the end of the day friday for work done during that five-day work-week. total wages

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why would a state or local government establish a capital

why would a state or local government establish a capital projects fund? what type of project might be considered a

  Explain any differences between your calculation and rusty

Compute Rusty's correct gross income for the year, and explain any differences between your calculation and Rusty's.

  Records of goods inventories

Rossiter Company failed to record a credit sale at the end of the year, although the reduction in finished goods inventories was correctly recorded when the goods were shipped to the customer. Which one of the following statements is correct?

  Michaels company segments its income statement into its

michaels company segments its income statement into its east and west divisions. the companys overall sales

  Multi product factory operates at full capacity

When a multi product factory operates at full capacity, decisions must be made about what products to emphasize. In making such decisions, products should be ranked based on multi choice:

  The controllers bonus is based on the next income it is

the controller of sagehen enterprises believes that the company should switch from the lifo method to the fifo method.

  Compute the predicted break-even point in dollar

Prepare a forecasted contribution margin income statement for 2012 that shows the expected results with the machine installed. Assume that the unit sales price and the number of units sold will not change, and no income tax will be due.

  Monthly loan payment deduction

Monthly loan payment deducted directly by the bank from the account (includes $320 in interest) (3320)

  Noncontrolling interest in kent net income

At the end of the year, 20% of the goods were still in X-Beams' inventory. Kent's reported net income was $300,000. What was the noncontrolling interest in Kent's net income?

  Pay cash dividends

Tracy co. owns 4,000 of the 10,000 outstanding shares of penn corp. common stock. during 2010, penn earns 120,000 and pays cash dividends of 40,000. if the beginning balance in the investment account was 240,000 the balance at december 31, 2010 sh..

  Budgeting time and valuing risk management

Justify the time it takes to put together a budget for a human resource project. Support your justification by creating a hypothethical example of a human resource project. Relate specific elements of your example to support your justification.

  Total required production in units of finished product

Each units of finished product requires four pounds of raw material at a cost of $1.40 per pound. There are 140,000 pounds of raw material in inventory on June 30. Compute the company's total required production in units of finished product for t..

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