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The following information relates to Matthew Manufacturing Company:
Total manufacturing overhead estimated for the year P 864,000
Predetermined overhead rate (based on direct labor-hours) P 5.00 per DLH
Total direct labor-hours incurred during the year 25,000 DLHs
Manufacturing overhead overapplied for the year P 4,600
Problem 1: The manufacturing overhead cost Matthew actually incur would be P
Calculate the Expected manufacturing overhead cost for a production level of 60,000 units and Conversion cost and Product cost
Classify each cost as a period or a product cost. Within the product cost category, indicate if the cost is part of direct materials, direct labor or manufacturing overhead (MO).
What is the cost of goods sold? The printing department used 8,000 labor hours at P5.60 per hour and the binding department used 4,600 hours at P6.00 per hour.
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Provide the cost of direct materials, direct labor, and overhead (at 100 percent of direct labor cost) for the three jobs.
Find what is the net present value of this investment and evaluate the internal rate of return?
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Calculate the differential profit/loss if the order is accepted, Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever
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What is the cost of goods manufactured? What are the cost of goods sold and the cost of work in process on January 1. 2022, respectively?
Compute the spending variance and the efficiency variance for variable overhead. Compute the spending variance and the production-volume.
Gordands purchased $ 600,000 of merchandise in August and expects to purchase $ 720,000 in September.
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