### Golden glove company produces three types of gloves small

Assignment Help Accounting Basics
##### Reference no: EM13601779

Golden Glove Company produces three types of gloves: small, medium, and large. A glove pattern is the first stenciled onto leather in the Pattern Department. The stenciled patterns are then sent to the Cut and Sew Department, where the final glove is cut and sewed together. Golden uses the multiple production department factory overhead rate method of allocating factory overhead costs. Its factory overhead costs were budgeted as follows:

Cut and Sew Department overhead 350,000
Total \$450,000

The direct labor estimated for each production department was as follows:
Cut and Sew Department overhead 5,000
Total 7,500 direct labor hours

Direct labor hours are used to allocate the production department overhead to the products. The direct labor hours per unit for each production department were obtained from the engineering records as follows:
Production Department Small Glove Medium Glove Large Glove
Pattern Department 0.04 0.05 0.07
Cut and Sew Department 0.06 0.09 0.08
Direct Labor hours per unit 0.10 0.14 0.15

how to detemine the factory overhead per unit for each product

### Previous Q& A

#### On jan 2 2011 kinnard hospital purchased a 93250 special

on jan 2 2011 kinnard hospital purchased a 93250 special radiology scanner from faital inc. the scanner has a useful

#### You have a 20 sided die that you roll an infinite number of

you have a 20 sided die that you roll an infinite number of times.what is the probability of rolling any number between

#### It uses 1 kw of power will the circuit breaker trip b your

consider a household 120 v two-plug electric outlet protected by a 15 a circuit breaker. a you plug in a hair dryer and

#### Prepare a performance report that would help the

exchange corp. is a company that acts as a facilitator in tax-favored real estate swaps. such swaps know as 1031

#### One hundred stones are placed on the ground 3 ft apart the

question one hundred stones are placed on the ground 3 ft. apart the first being 3 feet from a basket. if the basket

#### Using the components system shown provide an expression for

an airplane a takes off as shown with a constant speed equal to v110kmh. the path of the airplane is described in the

#### A blue ball is thrown upward with an initial speed of 212

question a blue ball is thrown upward with an initial speed of 21.2 ms from a height of 0.5 meters above the ground.

#### Prepare a pension worksheet presenting both years 2008 and

p20-8 comprehensive 2-year worksheet glesen company sponsors a defined benefit pension plan for its employees. the

#### Suppose a ball thrown downward with initial velocity 3 ms

question suppose a ball thrown downward with initial velocity 3 ms instead of being dropped a what then would be its

#### A vehicle starts from rest then moves rectilinear with a

a vehicle starts from rest then moves rectilinear with a velocity of v 2t2 for 5 s until it reaches a velocity of 50

### Similar Q& A

#### Sheahan company recently acquired three businesses

1.sheahan company recently acquired three businesses recognizing goodwill in each acquisition. acquired goodwill was

#### In january 2013 mitzu co pays 2700000 for a tract of land

in january 2013 mitzu co. pays 2700000 for a tract of land with two buildings on it. it plans to demolish building 1

#### Problem related to unrealized gain

In 2004, Parrot Company sold land to its subsidiary, Tree Corporation, for \$12,000. It had a book value of \$10,000. In the next year, Tree sold the land for \$18,000 to an unaffiliated firm. The 2004 unrealized gain

#### Target eps adjusted to acquire fye

Use the following information to answer the question below: Assuming 360 days in a year for simplicity, calculate target EPS adjusted to acquirer FYE in the transaction year (FYE June 2008):

#### Labor to production at a cost

If a company assigns factory labor to production at a cost of \$42,000 when standard cost is \$40,000, it will:

#### Why would royal carpet cleaning accept credit cards instead

royal carpet cleaning provided 90000 of services during 2011 its first year of operations. all customers paid for the

#### Compute the year-end balance of retained earnings

Eau Claire Paper Mill, Inc., had, at the beginning of the current fiscal year, April 1, 2010, retained earnings of \$323,325.

#### Rebate expense and liability

What is the rebate expense and liability, respectively, shown on the 2007 financial statements dated December 31?

charlie cardinal research is a company that performs research and support for startup companies connected with bsu. the

read about marco giannini and his company dogswell article attached marco is considering building a new massive

#### Gaap and ifrs comparison

Revenue recognition under U.S. GAAP and IFRS comparison.

#### State the dollar amounts that should appear in bailey

wodor company is involved in four separate industries. selected financial information concerning twodors involvement in