Smith has applied overhead of 73000 and actual overhead of

Assignment Help Accounting Basics
Reference no: EM13574183

Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on direct labor hours and those equaled 14,600 in November. Overhead for the year was estimated to be $900,000. How many direct labor hours were estimated for the year?

Reference no: EM13574183

Questions Cloud

In 2013 warehouse 13 had net credit sales of 750000 on : in 2013 warehouse 13 had net credit sales of 750000. on january 1 2013 allowance for doubtful accounts had a credit
Calculate the value of the stock today calculate circp1 and : snyder computer chips inc. is experiencing a period of rapid growth. earnings and dividends are expected to grow at a
The production budget for the next four months is july 5000 : albertville inc produces leather handbags. the production budget for the next four months is july 5000 units august
Consider a 35 strike european call maturing in 6 months : a certain common stock is priced at 3650 per share. the company just paid its 0.50 quarterly dividend. assume that the
Smith has applied overhead of 73000 and actual overhead of : smith has applied overhead of 73000 and actual overhead of 87600 for the month of november. it applies overhead based
If the stock price increases to 73 per share and the : a convertible bond has the following featuresface value 1000maturity 20 yearsannual coupon 80conversion price 80market
Southwest technologys common stock is selling at 30 per : southwest technologys common stock is selling at 30 per share today. southwest just paid a 2 dividend. its dividend is
Risk analysis solar designs is considering an investment in : risk analysis solar designs is considering an investment in an expanded product line. two possible types of expansion
1 name six types of springs 2 name three types of gears 3 : answer the following questions1. name six types of springs.2. name three types of gears.3. state hookes law.4. give the

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  The breakeven point in units would be 1 4800 units of small

assuming a constant mix of 3 units of small for every 1 unit of large. small large total sales 20 30 vc 14 18 total

  Pervasive factors-misstate assertions in expenditure cycle

Identify several pervasive factors that might motivate management to misstate assertions in the expenditure cycle.

  Payback period of the project

The annual net operating income from the project would be $135,000, which includes depreciation of $37,000. The scrap value of the project's assets at the end of the project would be $25,000. The payback period of the project is closest to:

  Prepare the journal entry to eliminate the over- or

the predetermined overhead allocation rate for forsythe inc. is based on estimated direct labor costs of 400000 and

  Analyzing and close a commerical loan

Management estimates that it costs $500 to analyze and close a commerical loan. This amount has been included in the $250,000 of inderict costs. How much of the $250,000 indirect costs should be allocated to the Consumer Department?

  Western outfitters mountain sports projected 2008 sales of

western outfitters mountain sports projected 2008 sales of 75000 units at a unit price of 12.00. actual 2008 sales were

  Compute the contribution margin for the pet supplies

the following information is available for pet store company and its two divisions pet supplies and training.whole

  How common are dividend distributions in today economic

How common are dividend distributions in today's economic climate, particularly since the economic downturn of 2008 and 2009? Please comment on whether dividend distributions are concentrated in the companies that are publicly traded or whether cl..

  Complete all of the steps of the accounting cycle

Complete all of the steps of the accounting cycle.

  Preferred stock 8 50 par value 300000 150000 common stock

preferred stock 8 50 par value 300000 150000 common stock 10 par value 80000 shares authorized 80000 shares issued

  Madrid co has a direct labor standard of 4 hours per unit

madrid co. has a direct labor standard of 4 hours per unit of output. each employee has a standard wage rate of 11.50

  Estimated manufacturing overhead

The predetermined manufacturing overhead rate for 2010 was $4.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $75,000, what was the estimated manufacturing overhead?

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