User Account

All Pages

What is the amount of the overhead unde absorbed

Assignment Help Managerial Accounting
Reference no: EM132632056

Problem 1: Based on the data below, what is the amount of the overhead under-/over-absorbed?

Budgeted overheads $493,200

Budgeted machine hours 10,960

Actual machine hours 10,493

Actual overheads $514,157

Option A. $20,957 under-absorbed

Option B. $21,015 over-absorbed

Option C. $21,015 under-absorbed

Option D. $41,972 under-absorbed

Reference no: EM132632056

Questions Cloud

Contingency planning management team : Consider a scenario where the contingency planning management team (CPMT) of your organization has designated you as the disaster recovery team leader
Draw the cost curves for a typical firm : Draw the cost curves for a typical firm. Explain how a competitive firm chooses the level of output that maximizes profit
Explain the principle of diminishing marginal product : Explain the principle of diminishing marginal product and how it leads to maximizing long-run profits. Define the differences between average product.
Calculate the total cost-the average variable cost : Calculate the total cost, the average variable cost, the average total cost, and the marginal cost for each quantity of output.
What is the amount of the overhead unde absorbed : What is the amount of the overhead under-/over-absorbed? Budgeted overheads $493,200. Budgeted machine hours 10,960. Actual machine hours 10,493
Developing Action Plan : Imagine that you are the Director of the Admitting Department of a hospital, and your strategy to increase patient satisfaction
Why the european market is so sceptical : Why the European market is so sceptical about Google's strategy? Why Google's monopoly was later held by some of the economists
List of difference that is expected in kpmg income statement : Prove the list of differences that is expected in kpmg Income Statement and Balance Sheet after the convergence process to international financial
What the overhead budget for an activity level would : What the overhead budget for an activity level of 80% would be? The following extract is taken from the overhead budget of X

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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