User Account

All Pages

What is abcs predetermined moh rate

Assignment Help Managerial Accounting
Reference no: EM132873096

Questions -

Q1. ABC manufactures golf clubs. For 2017, they predict they will manufacture 10,000 golf clubs. Manufacturing overhead is estimated to be $250,000; MOH is allocated by machine hours. Expected machine hours for 2017 are 2,500. What is ABC's predetermined MOH rate for 2017?

A. $25

B. $4

C. $100

D. None of these

Q2. ABC manufactures golf clubs. For 2017, they predict they will manufacture 10,000 golf clubs. Manufacturing overhead is estimated to be $250,000; MOH is allocated by machine hours. Expected machine hours for 2017 are 2,500. Suppose actual machine hours at the end of 2017 are 2,300. What is ABC's allocated MOH for 2017?

A. 20,000

B. 250,000

C. 230,000

D. None of these

Q3 Jared Company's formula for annual manufacturing overhead is: Y = $150,000 + $8X where X is direct labor hours. The predicted activity for 2017 is 40,000 direct labor hours and the actual activity for January of 2017 was 5,000 direct labor hours. Using a predetermined overhead rate (calculate the estimated OH first), the APPLIED January overhead is?

A. $58,750

B. $190,000

C. $40,000

D. $208,750

Reference no: EM132873096

Questions Cloud

Supply chain management is integration of activities : Supply chain management is the integration of activities that procure materials and services, transform them into intermediate goods and final products,
What is the cost per hour allocation rate : What is the cost per hour allocation rate that Marbles would use for one of these options? Briefly describe the reasoning for why Marbles would use each option
Determine the price : Johnson Marine has the following costs and expected sales from the coming year. If Johnson determines prices so as to receive a desired return on assets of 15%
Define company core competencies : Define the company's core competencies. Evaluate lululemon's strategy and its use of strategies to achieve company objectives.
What is abcs predetermined moh rate : MOH is allocated by machine hours. Expected machine hours for 2017 are 2,500. What is ABC's predetermined MOH rate for 2017
Determine the net long-term capital gain : An individual has a $40,000 § 1245 gain, a $35,000 § 1231 gain, a $33,000 § 1231 loss, Determine the net long-term capital gain
Development of the larger touring class motorcycles : Select one of the types of project organization that would suit the development of the larger touring class motorcycles.
Give the necessary adjusting entry on January : Convenient Mailing Services, Inc., incurs salaries at the rate of $3,000 per day. Give the necessary adjusting entry on January
What do we mean by crisis : What do we mean by "crisis"? Why does a crisis occur? and what ways do we attemot to fix a crisis? Please share examples.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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