User Account

All Pages

Over head application to jobvektek inc thinks a machine

Assignment Help Financial Accounting
Reference no: EM13355827

Over head application to job.

Vektek, Inc. thinks a machine hour is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its jobs was $615,000. The company used 1,000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $630,000. The budgeted machine hours for the year totaled 20,000. How much overhead should be applied to Job No. B12?

a)    $630

b)   $30,750

c)    $31,500

d)   $615

Reference no: EM13355827

Questions Cloud

Compute the chmelar manufacturingnbsp costchmelar : compute the chmelar manufacturingnbsp cost.chmelar manufacturing company developed the following data
Number of units to be produced to maintain the same net : number of units to be produced to maintain the same net income.wilson is a wholesale distributor of widgets. the
Hourly rate to cover the cost of each financial adviserwork : hourly rate to cover the cost of each financial adviser.work the problem using the following variables average salary
Compute the chmelar manufacturingnbsp costchmelar : compute the chmelar manufacturingnbsp cost.chmelar manufacturing company developed the following data
Over head application to jobvektek inc thinks a machine : over head application to job.vektek inc. thinks a machine hour is the best activity base for its manufacturing
General transfer pricing rule maximum amount willing to pay : general transfer pricing rule maximum amount willing to pay as transfer price.fragrance inc. has two divisions-the
Calculate ratios and compare results with industry : calculate ratios and compare results with industry averages.calculate a few ratios and compare reeds results with
Inventory reduction sale tightens his working capital : inventory reduction sale tightens his working capital policy to the averages.1.why does holmes want reeds to have an
Pro forma income statementassuming that reeds can improve : pro forma income statement.assuming that reeds can improve its operations to be in line with the industry averages

Reviews

Write a Review

Financial Accounting Questions & Answers

  Choose a publicly traded company involved in a merger

Earnings Releases and other financial information available on company's Investor Relations Web site to determine the items.

  Part-1greentown industries sells its transport services at

part-1greentown industries sells its transport services at a range of prices to 5 different customer groups. the

  Questionon 1st september 2011 jensen company gets an order

questionon 1st september 2011 jensen company gets an order to sell a machine to a customer in canada at a price of

  Calculate discount rate used by the lender

Columbo Co treasurer signed a note promising to pay 240000 on December 31 2010 .The proceeds of the note were 232,000 . calculate discount rate used by the lender

  Prepare the journal entry to record depreciation expense

Prepare the journal entry to record depreciation expense for 2013.The fair value of the equipment at December 31, 2013, is $5,100. Prepare the journal entry (if any) necessary to record this increase in fair value

  Question martinez company has decided to establish a new

question martinez company has decided to establish a new product. the new product will be manufactured by either a

  How would you support denny''s view

How would you support Denny's view? How would you support Austin's view?

  Question1 what is the organization type describe this type

question1. what is the organization type? describe this type of nonprofit.2. what is your organization mission?3. are

  Partial adjusted trial balance for the accounts provided

Prepare in journal form, without explanations, the end of month adjusting entries for Flip's Copy Shop for the month of June and prepare a partial adjusted trial balance for the accounts provided

  Calculate the opportunity cost

Calculate the opportunity cost of waiting to pay for the motorcycles in November.Describe all transactions clearly and compute the gain or loss in the futures hedge after describing in detail all transactions.

  Q1 on 28th june 2011 a corporation sold an apartment

q1. on 28th june 2011 a corporation sold an apartment building for 150000 exclusive of the land. the building

  Compute partnership ordinary income and separately stated

Compute partnership’s ordinary income and separately stated items. Compute Mark’s and Pamela’s ending basis in their partnership interests assuming their beginning balances are $150,000 each.

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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