User Account

All Pages

What is the predetermined overhead rate

Assignment Help Accounting Basics
Reference no: EM133045616

Problem - Your Company uses predetermined overhead rate based on direct labor-hours to apply 4 manufacturing overhead to jobs. Last year, the company worked 10,000 direct labor-hours and incurred $80,000 of actual manufacturing overhead cost. Overhead was over-applied by $5,000. What is the predetermined overhead rate?

Reference no: EM133045616

Questions Cloud

Determine the operating cash flow for the current year : Total cost before depreciation, Interest and taxes 293,000. Use the relevant date to determine the operating cash flow for the current year
Discuss the many options available to the company : Discuss the many options available to the company. Provide a rationale for which method(s) you think would work the best and for which countries.
How much has manuela made or lost : On 11 March 2020, she closed out her position at a quoted price of 98.3425. Ignoring transaction costs, how much has Manuela made (or lost)
Provide an alternative compensation design : Provide an alternative compensation design, which would address the problem faced by two wheeler the problem faced by the two wheeler major in Chennai
What is the predetermined overhead rate : Last year, the company worked 10,000 direct labor-hours and incurred $80,000 of actual manufacturing overhead cost. What is the predetermined overhead rate
Traditional supervisory and managerial roles : How will you recruit for and select for participants within field track (WFT) that is associated with traditional supervisory and managerial roles?
Functions of the enterprise hr systems : With the varying nature and functions of the enterprise HR Systems, is it essential for an organization to procure and utilize those? Explain your answer.
Calculate the goodwill created as a result of acquisition : At the beginning of the year, Company A purchased 30% of Company B for $80,000. Calculate the goodwill created as a result of acquisition
How large will the last deposit be : Your last deposit will be less than $1,500 if less is needed to round out to $10,000. How large will the last deposit be

Reviews

Write a Review

Accounting Basics Questions & Answers

  As prepaid expenses expire with the passage of time the

as prepaid expenses expire with the passage of time the correct adjusting entry will be a debit to an asset account

  What the ideal location would be for giving the presentation

In the notes section of the first slide, indicate who the ideal audience is for the presentation, what the ideal location would be for giving the presentation.

  Define the advantage of discounts from the vendor

Purrfect Pets uses the perpetual inventory system. At the beginning of the quarter, Purrfect Pets has $37,000 in inventory.

  How do compare and contrast with the current or old rule

What is a current rule that is either recently changed or under review to change? How do you compare and contrast it with the current or old rule?

  Lemon company spends 52 in variable costs for each product

lemon company spends 5.2 in variable costs for each product produced. fixed manufacturing overhead costs are 103707 a

  Make a letter to a business tycoon

Make a letter to a business tycoon. Adopt properly a persuasive tone in the manner that your guest must take it as an opportunity

  When examining payroll transactions an auditor is primarily

when examining payroll transactions an auditor is primarily concerned with the possibility ofa posting of gross

  Estimate the allowance for doubtful accounts required at

the following transactions occurred over the months of september to december 2011 at nicoles getaway spa ngs.september

  Explain what is the risk of incorrect acceptance for robert

Explain what is the risk of incorrect acceptance for Robert and for Donna and which auditor will have to collect the most evidence (explain your reasoning)?

  Discuss the impact of sox compliance

Assess the financial impact that SOX might have on your company if it decides to go public. Considering the impact of SOX compliance

  Robert and mar lou have 3 children they income wages total

robert and mar lou have 3 children they income wages total 25764.39 there fedral income tax withheld was 3580.31

  Create a graphic organizer depicting

Assume that you are the owner of CDA Elevators a Large Regional Elevator Company that constructs and repairs elevators for new and existing construction. Assume further that you are trying to decide if you want to extend your business by adding an..

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