What predetermined overhead rates are used

Assignment Help Accounting Basics

Reference no: EM13160154

The Watts Company uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. A and on machine-hours in Dept. B. At the beginning of the year, the company made the following estimates:

Dept A Dept B

Direct labor cost.................$30,000 $40,000
Manufacturing overhead............$60,000 $50,000
direct labor hours................ 6,000 8,000
machine hours..................... 2,000 10,000

What predetermined overhead rates would be used in Dept A and Dept B, respectively?

Reference no: EM13160154

Questions Cloud

Explain mol of potassium hydroxide is added to the buffer : A buffer initially contains 0.10 mol acetic acid and 0.13 mol of sodium acetate in 1.00 L. 0.02 mol of potassium hydroxide is added to the buffer

Describe the behavior of prices-output and interest rates : suppose there is a sudden and permanent decline in potential GDP. Describe the behavior of prices, output, interest rates, consumption, investment, and net exports.

Estimate the pi of glutamic acid : Look up the pKas of glutamic acid and draw thestructures for the predominant forms of glutamic acid at pH 1.0, pH3.0, pH 7.4, and pH 12. Examine the structures and determine thenet charge of glutamic acid at each of these pHs. The pH at which the ..

Php script and then saves the form : Create a simple survey form that posts to a PHP script and then saves the form inputs to a file. The program should then respond with a display of the information contained in the file including the latest post

What predetermined overhead rates are used : What predetermined overhead rates would be used in Dept A and Dept B, respectively?

What is the frequency of the r allele : Assume a population of people is 16% Rh - negative.

What are the major roles of mutations in evolution : What advantage might be attached tomaintaining at low frequencies, genes that are generally harmful?

What is the net profit company in the current year : Expects to spend $1,050,000 more in the future. What is the net profit that the company will recognize in the current year related to these contracts?

Compute the ph and the percent ionization of butanoic acid : Calculate the pH and the percent ionization of butanoic acid in this solution. *I will only award points if a solution is presented. What good does just the answer do for me?

User Account

All Pages