Reference no: EM132732381
Questions - Selected accounts with some amounts omitted are as follows
Work in Process Work in Process
Oct. 1 Balance 22,800
Oct. 31 Finished goods X 31 Direct materials 90,600
31 Direct labor 150,700
31 Factory overhead X
Finished Goods
Oct. 1 Balance 14,800 31 Goods finished 326,100
1. If the balance of Work in Process on October 31 is $191,700, what was the amount of factory overhead applied in October?
a. $90,600
b. $253,700
c. $150,700
d. $365,200
2. Compute conversion costs given the following data: direct materials, $379,100; direct labor, $204,600; factory overhead, $192,800 and selling expenses, $43,000.
a. $776,500
b. $571,900
c. $149,800
d. $397,400
3. A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $334,500 and direct labor hours would be 42,100. Actual manufacturing overhead costs incurred were $311,800, and actual direct labor hours were 54,600. What is the predetermined overhead rate per direct labor hour?
a. $11.92
b. $7.95
c. $9.53
d. $6.36
4. Cavy Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 40,000 hours. The machine hours for the month of April for all of the jobs were 4,780. If the actual factory overhead totaled $141,800, determine the over- or underapplied amount for the month.
a. $7,575 underapplied
b. $7,575 overapplied
c. $35,220 overapplied
d. $35,220 under-applied
|
Explain the aspect of pci and hipaa regulations
: Write a 3- to 4-page summary in Microsoft Word of the important aspect of PCI and HIPAA regulations to help him make his decision. In your summary.
|
|
Compute buffalo actual return on plan assets
: During the year, contributions to the pension fund were $116,000, and benefits paid were $203,000. Compute Buffalo's actual return on plan assets
|
|
Comparison chart of strategic plans and security policies
: Write a 1- to 2-page summary of the comparison chart of strategic plans and security policies you completed in this week's Learning Team assignment.
|
|
Prepare the income statement for September
: Salaries earned by the office staff but not yet recorded or paid amounted to P670 by September 30. Prepare the income statement for September 2019
|
|
Determine the over- or underapplied amount for the month
: If the actual factory overhead totaled $141,800, determine the over- or underapplied amount for the month
|
|
How you would create a better network at your home
: Based on the knowledge you have achieved thus far in this class, compose a brief synopsis compiling what you have learned about today's networks.
|
|
Explain common types of software product liability claims
: Why must companies place an increased emphasis on the use of high-quality software in business systems, industrial process-control systems, and consumer product
|
|
Explain which cloud services you use
: In a few short paragraphs, explain which cloud services you use (Google, Amazon, iCloud, Verizon, Microsoft One, Dropbox, etc) and what type of information.
|
|
Action plan for the implementation of a policy
: Action plan for the implementation of a policy or program in an actual criminal justice agency (the agency for which the student works
|