User Account

All Pages

Determine the amount of overhead over or under applied

Assignment Help Accounting Basics
Reference no: EM132241004

Question - During March 2019, Antartica Corporation recorded $239,000 of costs related to factory overhead. Anartica overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $250,000 would be incurred, and 12,500 direct labor hours would be worked. During March, 12,900 hours were actually worked. Use this information to determine the amount of overhead over or under applied. Enter overapplied overhead as a negative number.

Reference no: EM132241004

Questions Cloud

Identify industries outside of health care : Explains how a specific management technique, operational practice, or technology can be used to improve a specific health care workforce
Explain the tax benefits of debt financing : Explain the tax benefits of debt financing. Calculate the AT- WACC with a 60% debt and 40% equity financing structure. Apply the calculated AT-WACC to explain.
Discuss what you learned from those articles : Write a comparative analysis of the articles noting the similarities and differences. Discuss what you learned from those articles.
Discuss the managerial issues of a networked organization : Research at least two articles on the topic of managerial issues of a networked organization. Write a brief synthesis and summary of the two articles.
Determine the amount of overhead over or under applied : During March, 12,900 hours were actually worked. Use this information to determine the amount of overhead over or under applied
Categorize gizmo demand as elastic : Suppose that when the price of gizmos falls from $12 to $10, the quantity demanded rises from 3000 to 3600 units.
What impact will the increase of oswald share price : The share price subsequently increased to $37. What impact will the increase of Oswald's share price have on compensation expense
Barriers of production differentiation : How do you think a monopoly can successfully erect barriers of production differentiation, strategy, and cost advantages to maximize profit.
Determine compensation expense : Assuming the company has a December 31 year-end, the measurement date used to determine compensation expense relating to the options is

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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