Determine the amount of underapplied or overapplied

Reference no: EM131018103

Osborn Manufacturing uses a predetermined overhead rate of $19.50 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $259,350 of total manufacturing overhead for an estimated activity level of 13,300 direct labor-hours.

The company incurred actual total manufacturing overhead costs of $253,000 and 12,800 total direct labor-hours during the period.

Required:

1. Determine the amount of underapplied or overapplied manufacturing overhead for the period.
Manufacturing overhead overapplied/underapplied (choose one) by ________.

2. Assuming that the entire amount of the underapplied or overapplied overhead is closed out to cost of goods sold, what would be the effect of the underapplied or overapplied overhead on the company's gross margin for the period?
The gross margin would decrease/increase (choose one) by ________.

Reference no: EM131018103

Questions Cloud

What value of gm is realized : An NMO Stransistor operated with an overdrive voltage of 0.25 V is required to have a gm equal to that of an npn transistor operated at IC = 0.1 mA. What must ID be? What value of gm is realized?

Highest instantaneous voltage : Sketch the circuit for a current-source-loaded CS amplifier that uses a PMOS transistor for the amplifying device. Assume the availability of a single +1.8-V dc supply. If the transistor is operated with /VO// = 0.2 V, what is the highest instanta..

Identify and discuss an area of needed advocacy : Can you address what advocacy and social justice mean to an professional counselor. Include information to support your position. Identify and discuss an area of needed advocacy, based on your experience.

Define consonant and dissonant cognitions : Briefly summarize both arguments. Refer to the theories/concepts by their names, not by the meaningless terms "yes" and "no," "pro" and "con," or "Issue 5," etc. Define consonant and dissonant cognitions.

Determine the amount of underapplied or overapplied : Determine the amount of underapplied or overapplied manufacturing overhead for the period.

Problem regarding the output resistance : If the input bias current is 200 μA, find W1, W2, and L to obtain a short-circuit current gain of 4, an input resistance of 500 Ω, and an output resistance of 20 kΩ

What is your vision for america : List the problems that are causing Teens to want to commit search a horrible act. What are somethings as a society we can do to change Teens mind?

Possible input-diode combination : Repeat with two of the transistors diode connected and the third used to provide current output. For each possible input-diode combination, give the values of the output currents and of the VSG that results.

Encourage and support the implementation of innovations : Identify some of the significant challenges you believe you might face when it comes to suggesting and seeing innovations through in the organizations in which you are or may be involved?

User Account

All Pages