User Account

All Pages

Compute the amount of manufacturing overhead

Assignment Help Microeconomics
Reference no: EM13315990

For Karr Company, the predetermined overhead rate is 140% of direct labor cost. During the month, Karr incurred $90,000 of factory labor costs, of which $80,000 is direct labor and $10,000 is indirect labor. Actual overhead incurred was $119,000.

Compute the amount of manufacturing overhead applied during the month. Determine the amount of under- or over applied manufacturing overhead.

Reference no: EM13315990

Questions Cloud

What do you hear and how frequently : Two sound sources of 785.0Hz and 783.4Hz with the same intensity are played together. What do you hear and how frequently
Determine what must be the magnitude of t : if the resultant of the 1000 lb vertical force and the tensile force T in the cable is to be in the direction of the boom OB, what must be the magnitude of T
What would the spindle diameter need to be in order to move : The crane hoists a uniformly distributed load C. the two identical motors at A an power through gearboxes operating at maximum output speed of 100 rpm.the load is lifted by winding cable onto spindles attached to the output shaft of each gear box.
What is the persons acceleration : If a 60.0 kg person slides down an incline angled 25%u02DA below the horizontal and friction IS present with a coefficient of kinetic friction equal to k = 0.450. What is the person's acceleration
Compute the amount of manufacturing overhead : For Karr Company, the predetermined overhead rate is 140% of direct labor cost. During the month, Karr incurred $90,000 of factory labor costs, of which $80,000 is direct labor and $10,000 is indirect labor. Actual overhead incurred was $119,000.
Calculate what is the pressure at the siphon crown : The siphon crown is 1.2m above the water surface elevation of the reservoir and a length 10m away from the siphon entrance. If the siphon diameter is 30 cm, if the friction factor is .02, and the headless coefficient are .2 (inlet) and 1 (exit),
What is the magnitude of the resistive force : For a huge luxury liner to move with constant velocity, its engines need to supply a forward thrust of 7.05 105 N. What is the magnitude of the resistive force
Write a program using the class as defined : Write a program using` the class as defined below. Put the class definition in a separate header file, and put all the functions' code in a separate Resource file.
Explain a/some pattern/s of behaviour that you have observed : Select ONE of these lessons (principles), (the standard of living depends on a country's production)and explain a/some pattern/s of behaviour that you have observed in the media (newspapers, television, radio, Business Review Weekly, The Economist, e..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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