Bakker corporation applies manufacturing overhead on the

Assignment Help Accounting Basics
Reference no: EM13571425

Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $60,800 and 2,000 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $62,550 and actual direct labor-hours were 1,900.

The applied manufacturing overhead for the year was closest to?

Reference no: EM13571425

Questions Cloud

However royal company has determined that 8 of the fixed : royal company manufactures 23000 units of part r-3 each year for use on its production line. at this level of activity
A preferred stock sells for 3065 a share and has a market : a preferred stock sells for 30.65 a share and has a market return of 13.05 percent. what is the dividend
Evergreen company accepted a credit card account receivable : 1. in a period of rising prices which inventory cost flow method will produce the lowest amount of cost of goods
On june 15 2013 sanderson construction entered into a : on june 15 2013 sanderson construction entered into a long-term construction contract to build a baseball stadium in
Bakker corporation applies manufacturing overhead on the : bakker corporation applies manufacturing overhead on the basis of direct labor-hours. at the beginning of the most
A range of academic interests personal perspectives and : a range of academic interests personal perspectives and life experiences adds much to the educational mix. given your
The following data pertain to operations concerning the : the following materials standards have been established for a particular productnbspnbspstandard quantity per unit of
On march 31 dower publishing discounted a 41000 note at a : on march 31 dower publishing discounted a 41000 note at a local bank. the note was dated february 28 and required the
Did charless net income as a percent of sales increase : vertical analysis common size percentages for charles companys sales cost of goods sold and expenses are shown

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the materials price and quantity variance

High Sounds manufactures wind chimes that have a standard material cost of 2 pounds of raw materials at $1.50 per pound. During March, 10,000 pounds of raw materials costing $1.55 per pound were used in making 4,800 wind chimes. What is the (1) ma..

  Provide three examples of situations in which business

provide three examples of situations in which business ethics play a role in the financial management process. explain

  Determine the amount of retained earnings

a. Journalize the entries required to complete the closing of the accounts. b. Determine the amount of Retained Earnings at the end of the period.

  Depreciation effects on net income

Brandywine Homecare, a not-for-profit business, had revenues of 12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was 1.5 million.

  What are the journal entries

A company issues 5% stock dividends, 15,000 shares, $2.00 par value, initially stock was $12, but current trading value is $20, what are the journal entries?

  On january 2 2004 a calendar-year corporation sold 8 bonds

1.which of the following is not a permissible method of calculating a bonus to an employee?a. the bonus is based on

  Question regarding memphis corporation

Memphis Corporation has a cash balance of $200,000.00 on1/1/2008. The company's sales budget for the year was$500,000.00. However, only 80% of the sales for the year arecollectible during the year.

  Calculate the percentage of increase each category

Calculate the percentage of increase and/or decrease for each category. The condensed comparative income statements for Rochelle Corporation.

  Compute net cash flow provided by operating activities

From the following selected data, compute: Net cash flow provided (used) by operating activities. Net cash flow provided (used) by investingactivities.

  During the year of 20xx a firm plans to produce and sell

during the year of 20xx a firm plans to produce and sell 15000 units at 35 per unit.nbspnbspbudgeted variable costs are

  How the perpetual and periodic inventory systems differ

Explain how the perpetual and periodic inventory systems differ, especially in determining Cost of Goods Sold and Ending Inventory? Once a retailer has chosen the inventory costing methods

  According to a summary of the payroll of apline publishing

according to a summary of the payroll of apline publishing co. 460000 was subject to the 7.5 fica tax. also 39000 was

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd