Determine the predetermined overhead rate for june

Reference no: EM13120827

The manufacturing overhead budget of Lewison Corporation is based on budgeted direct labor-hours. The June direct labor budget indicates that 5,800 direct labor-hours will be required in that month. The variable overhead rate is $7.70 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $111,360 per month, which includes depreciation of $17,400. All other fixed manufacturing overhead costs represent current cash flows.

Required:

a. Determine the cash disbursement for manufacturing overhead for June. Show your work!
b. Determine the predetermined overhead rate for June. Show your work

Reference no: EM13120827

Questions Cloud

What is the concept of sustainable income : Can you give an example of what this number may look like by using the income statement of a real-life company?

Problem related to debt guarantees : Debt guarantees are: a) are considered to be a contingent liability. b) are never disclosed in the financial statement c) are a bad business practice. d) are recorded as a liability even though it is highly unlikely that the original debtor will defa..

Abstract algebra-equivalence relations : A relation R is defined on the set Z of all integers. In each case, prove that R is an equivalence relation. Find the distinct equivalence classes of R and list at least four members of each.

Find standard error for the sample mean salary : Standard deviation of $1.2 million in 2009. Suppose a sample of 100 major league players was taken. What was the standard error for the sample mean salary?

Determine the predetermined overhead rate for june : The manufacturing overhead budget of Lewison Corporation is based on budgeted direct labor-hours. The June direct labor budget indicates that 5,800 direct labor-hours will be required in that month.

How large sample is necessary if standard deviation is known : Community college spends each year. If she wishes to be 90% confident, how large a sample is necessary if the standard deviation is known to be $80?

Sole shareholder of a calendar : During 2010, Shirley Nutt, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. On December 31, 2009, her stock basis was $4,000.

Logarithms and simultaneous equations : Given that x and y are both positive, solve the simultaneous equations.

Determine probability that selected smoker has lung disease : Of those not having lung disease, 25.3% are smokers. Determine the probability that a randomly selected smoker has lung disease.

User Account

All Pages