User Account

All Pages

What was the actual number ofn direct labor hours worked

Assignment Help Financial Accounting
Reference no: EM132769992

The following information relates to Donna Corporation for the last year. Donna uses direct labor hours as anoverhead base.

Estimated direc labor hours 136,000 hours
Estimated manufacturing overhead costs P 108,800
Actual manufacturing overhead costs 108,480
Applied manufacturing overhead costs 110,000

Problem 1: What was the actual number ofn direct labor hours worked last year at Donna?

a. 86,794 hours
b. 88,320 hours
c. 135,600 hours
d. 137,500 hours

Reference no: EM132769992

Questions Cloud

What is the straight bond value : The current share price is $28 per share. Each convertible bond is trading at $900 in the market. What is the straight bond value
Prepare an entry to record any adjustments required : Assume that Cherrywood Ltd. follows ASPE. Determine the impairment loss, if any, for the asset. Prepare an entry to record any adjustment required.
What is the amount of prepaid dividends : What is the amount of prepaid dividends that company A should be recognize it in its statement of financial position in 31/12/2019
Mainstream cryptocurrency : Why do you think the banking, consumer products, and most government agencies had shunned BTC and other forms of mainstream cryptocurrency
What was the actual number ofn direct labor hours worked : What was the actual number ofn direct labor hours worked last year at Donna? Estimated manufacturing overhead costs P 108,800
What is the annual depreciation amount : A machine costing $180,000 has an estimated residual value of $15,000 and an estimated service life of ten years. What is the annual depreciation amount
Customer contact care system : The IT team at Game Technology is working on implementation strategies for the new Customer Contact Care system (C3 ).
What is sensual under-or overapplied manufacturing overhead : What is sensual' under-or overapplied manufacturing overhead? Sensual Scents, Inc. uses job-order cost system with machine hours as the overhead base.
How much is the net income for the year ended : Accrued expenses - 18,750; accrued interest income - 2,500; delivery expense - 10,600. How much is the net income for the year ended

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare in general journal format the entry to record

On September 1, 2017, Monty Company sold at 104 (plus accrued interest) 5,040 of its 10%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Prepare in general journal format th..

  Find what is the discounted payback period

The project is expected to produce cash flows of $50 in year 1, 90 in year 2, and 290 in year 3. If the discount rate is 0.05 what is the discounted payback.

  Net income for the month

Dreamland Company produces pillows. Each pillow has a variable cost of $8 and fixed costs are $78,000 per month. Each pillow sells for $17.If the company produces and sells 65,000 pillows in February, net income for the month will be:

  How the primary objectives affect the testing method used

How the primary objectives affect the testing method used, and how the results were evaluated when compared to your tests of accounts receivable.

  What is the dollar amount of? joel return

During the? year, he received dividend checks amounting to ?$258. Joel recently sold the stock for ?$60 per share. What is the dollar amount of? Joel's return?

  Describe the two-phase analysis of income

How do discuss the four factors in measuring income. Identify the four items of concern in analyzing revenues. Describe the Two-Phase analysis of income

  Explain any differences between the irr and npv rankings

Suppose you own a concession stand that sells hot dogs, How do you explain any differences between the IRR and NPV rankings? Which rule is better?

  Find or prepare the price-earnings ratio

Find or prepare the price-earnings ratio, the dividend payout ratio, the dividend yield, book value, and earnings per share, and identify whether you would consider this company a good investment,

  Discuss relationship between business risk and beta

Discuss relationship between business risk and beta. Explain why certain shareholders would have a preference on receiving dividends and on the amount

  How to determine the level of operating cash flow

How to determine the level of operating cash flow? The textbook example gives like 3.5% of the sales. Is there any article reference?

  What is the adjusted cash balance per bank

What is the ADJUSTED CASH BALANCE PER BANK as of August 30, 2013.

  Grande incorporated a window installation company is

grande incorporated a window installation company is preparing its annual financial statements for the year ended

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