Customer Service Chat
Get quote & make Payment
POHR, Managerial Accounting
#questioExercise 3-12 Computing Predetermined Overhead Rates and Job Costs [LO1, LO2, LO3, LO7]
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:
Machine-hours required to support estimated production 150,000
Fixed manufacturing overhead cost $ 750,000
Variable manufacturing overhead cost per machine-hour $ 4.00
Compute the predetermined overhead rate. (Omit the "$" sign in your response.)
Predetermined overhead rate $ per MH
During the year Job 500 was started and completed. The following information was available with respect to this job:
Direct materials requisitioned $ 350
Direct labor cost $ 230
Machine-hours used 30
Compute the total manufacturing cost assigned to Job 500. (Omit the "$" sign in your response.)
Total manufacturing cost $
During the year the company worked a total of 147,000 machine-hours on all jobs and incurred actual manufacturing overhead costs of $1,325,000. What is the amount of underapplied or overapplied overhead for the year? (Input the amount as a positive value. Omit the "$" sign in your response.)n..
Posted Date: 9/19/2012 7:27:10 PM | Location : United States
Ask an Expert
POHR, Assignment Help, Ask Question on POHR, Get Answer, Expert's Help, POHR Discussions
Write discussion on POHR
Your posts are moderated
Write your message here..
Duffy tol and stamping, What are the objectives of excellence teams and min...
What are the objectives of excellence teams and minicompanies? Did the companies achieve these objectives?estion #Minimum 100 words accepted#
Cost anlysis, briefly discuss five characteristics of relevant cost
briefly discuss five characteristics of relevant cost
Motives for holding inventories, MOTIVES FOR HOLDING INVENTORIES If pro...
MOTIVES FOR HOLDING INVENTORIES If production and delivery of goods were instantaneous, there would be no need for inventories. However in reality, the manufacturing and purcha
Private sector companies have multiple stakeholders who are, Private sector...
Private sector companies have multiple stakeholders who are likely to have divergent interests.( five stakeholder groups and discuss their financial and other objectives).
Receivables management, In the earlier unit, we have studied how firms dete...
In the earlier unit, we have studied how firms determine their requirements for current assets and manage their holdings in cash and marketable securities. Inside a classical manuf
Production budget, production budget , how to do ?
production budget , how to do ?
Quick Question About WACC (Weighted Average Cost of Capital), when assessin...
when assessing Market Value of common stock, is the "market value" the market value when the company sold the stock or the current market value?
Information system project management, Hi there, i am looking an expert to ...
Hi there, i am looking an expert to make my assignments for this subject and i do have other subjects as well. Let me know how you can go through my assignment.
The games economists play, THE GAMES ECONOMISTS PLAY It sounds like a s...
THE GAMES ECONOMISTS PLAY It sounds like a sports fan's dream. In Stockholm on October 11th, three men share a $1m prize for their skill at analyzing games. They are not telev
Evaluate consumer surplus and the average price, Suppose the consumer is at...
Suppose the consumer is at coffee shop 2. Coffee shop 2 provides unlimited cups of coffee for the price of $9.00 per day. - How many cups would she drink a day and how much woul
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.