User Account

All Pages

What is the manufacturing overhead for petrilli company

Assignment Help Managerial Accounting
Reference no: EM133010859

Petrilli Company used a predetermined overhead rate during the year just completed of $13.50 per direct labor hour, based on an estimate of 20,000 direct labor hours to be worked during the year. Actual over head cost and activity during the year were:

Actual manufacturing overhead cost incurred - $290,000
Actual direct labour hours worked - 22,000

Problem 1: The manufacturing overhead is

Reference no: EM133010859

Questions Cloud

How the methods differ regarding the time periods : How the methods differ regarding the time periods in which Bad Debt Expense is recognized? Which method do you believe should be used and why?
Explain if the other manufacturing cost is variable or fixed : Explain if the other manufacturing cost is variable or fixed. The other manufacturing under fixed cost is allocated according to the relative volume sold.
Should joe recommend approval or rejection of the expansion : Based on the results of your NPV and IRR calculations above, should Joe recommend approval or rejection of the expansion project?
Relational database management system : Prepare a modelling report that demonstrates your ability to assess business requirements along with a logical design that could be implemented in a relational
What is the manufacturing overhead for petrilli company : What is The manufacturing overhead? Petrilli Company used a predetermined overhead rate during the year just completed of $13.50 per direct labor hour
Determine the total materials variance for j sporting goods : J Sporting Goods, Determine the total materials variance and round to the nearest whole dollar. Enter a favorable variance as a positive number.
Calculate the amount of bond discount or premium : Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. Enter as a whole number (no cents).
Determine times interest earned ratio for lightning company : Determine Times Interest Earned Ratio for Lightning Company. For the FY 2018, Lightning Company had net sales of $850,000 and net income of $65,000.
Compute for december the amount of earnings per share : Compute for December 31, 2020 the amount of Earnings per Share. On July 1, 2020 Austin issued an additional 5,000 shares of common stock. The Common Stock is $5

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd