What is the manufacturing overhead cost allocation rate

Assignment Help Cost Accounting
Reference no: EM133057647

Question - Normandeau Company's actual indirect cost pool amounted to $1,400,000 and the direct labour cost pool was $5,400,000. Overhead is allocated on the basis of direct labour hours. Actual and budgeted direct labour hours were 25,000 and 30,000 for the period. What is the manufacturing overhead cost allocation rate using actual direct labour hours as the cost allocation base?

Reference no: EM133057647

Questions Cloud

What is the price-earnings ratio : The discount rate is 15 percent and the grown rate is 10 percent. What is the price-earnings ratio?
What is the price earnings ratio : The discount rate for the stock is 15 percent and the present value of growth opportunities is $20 per share. What is the price- earnings ratio?
Immediate development of a two-story building : This question is based on the following seminal paper on real options: Titman, Sheridan, 1985, "Urban Land Prices Under Uncertainty", American Economic Review,
What pricing method would you advise Ricky company to use : The company can sell each CD separately, can put them together as a boxed set (that is, as a pure bundle), What pricing method would you advise Ricky company
What is the manufacturing overhead cost allocation rate : Actual and budgeted direct labour hours were 25,000 and 30,000 for the period. What is the manufacturing overhead cost allocation rate
What is the beta of the portfolio : Suppose you have the following investments: What is the beta of the portfolio?
What is esg investing : -What is ESG Investing? Why is it important for us to know as finance professionals? Why is ESG investing becoming more significant?
What is the value of opc : What is the value of OPC if it chooses to retire all of its debt and become an unlevered firm?
Dividend per share under the new payout policy : Compute the dividend per share under the new payout policy for year 1,2 and3 for an investor who plans to retain his shares rather than sell them back to the co

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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