Reference no: EM13745030
A manufacturing company charges its overhead to products by using a predetermined application rate that is based on machine hours.
Budgeted manufacturing overhead is 400,000
Actual manufacturing overhead is 300,000
Budgeted machine hours is 30,000
Actual machine hours is 20,000
1. What is the total of overhead applied to the production?
2. Regardless of your answer above, determine the total cost based only on the following information:
Direct materials 4,000
Direct Labor 1,000
Manufacturing overhead applied at 15% of direct labor cost
3. Then determine if this company had an overhead at year end of $6,000, where should the adjusted over applied overhead be added:
a. Work In Process Inventory (Increase or Decrease)?
b. Manufacturing Overhead
c. Cost of Goods Sold (Increase or Decrease)?
|
Flooding the interests
: 1. A frequent critique to CCN is the fact that if the forwarding tables are not completely initialized to contain routes to all the data prefixes (which may very well be the case with millions of possible prefixes), then the overhead caused by "flood..
|
|
Analyze the relevance of habeas corpus
: Analyze the relevance of habeas corpus to the contemporary U.S. situation during the war on terror, especially with respect to persons characterized by as enemy combatants or illegal combatants.
|
|
Classifications used by bayside memorial hospital except
: All of the following are project classifications used by Bayside Memorial Hospital except
|
|
Explain why the amount of compensating variation
: In a peak-load pricing situation, explain why, at the optimal capacity, peak users would pay a price in excess of long-run marginal cost whereas off-peak users would pay a price equal to marginal operating costs.
|
|
What is the total of overhead applied to the production
: A manufacturing company charges its overhead to products by using a predetermined application rate that is based on machine hours. What is the total of overhead applied to the production? Work In Process Inventory (Increase or Decrease)?
|
|
Display the number of games each bowler has played
: List the bowler's first and last names of all players on the Marlins Team. Hint: You will use a subquery to join the Bowlers and Team tables using the TeamID field. Display the number of games each bowler has played. Show the bowler's first and last ..
|
|
Explain the historical evolution of health care
: How does this significant event relate to the changes on health care. In your opinion, has this event impacted the historical evolution of health care? If so, how. If not, could it
|
|
Treasury debt security is normally considered
: The liquidity premium on a US Treasury debt security is normally considered to be: a-4 percent b-3 percent c-2 percent d-1 percent e-0 percent
|
|
Maturity if the required rate of return on the bond
: What is the value of a 10 percent annual coupon, $1,000 par value bond with 20 years to maturity if the required rate of return on the bond is 12 percent? a-$1,236.48 b-$925.42 c-$850.61 d-$798.79 e-$737.55
|