40 Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead $ The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $10.20 per machine-hour $15.02 per machine-hour $6.66 per machine-hour 72,200 $ 3.40 per machine-hour 838,800

Saved The following date Is for a company that uses a job-order costing system: Estimated direct labor hours Estimated manufacturing overhead costs Actual direct labor hours Actual manufacturing overhead costs 12,000 $39,000 11,000 S37,000 Overhead Is applied based on direct labor-hours. What Is the predetermined overhead rate? Multiple Cholce $3.08 per direct labor-hour $3.25 per direct labor-hour $3.36 per direct labor-hour $3.55 per direct labor-hour

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esc QUESTION 10 Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was estimated at the beginning of the year: Estimated Manufacturing Overhead $68,000 Estimated Machine Hours 18,000 Actual overhead totaled $72,000. During the year, the company produced 8,500 units of product using 14,000 machine hours and 60,000 direct labor hours. How much manufacturing overhead was allcoated to the product during the year? Round your answer to whole dollars. Click Save and Submit to save and submit. Click Save All Answers to save all answers. 1 Q A D 8 2 W S # 3 X E D $ 4 CE R C % от оро 5 F MacBook Pro T 6 V G ✓ lo 7 Y H B 00 * 8 с J O N

Predetermined Overhead Rate Calculation: Estimated Annual Overhead: $720,000 Estimated Annual Direct Labor Hours: 24,000 Predetermined Overhead Rate: [To be calculated] Overhead Applied to Jobs during the Period: Overhead Applied: [To be calculated] Total Cost of Jobs 102 and 103 at the End of the Period: Job 102: [To be calculated] Job 103: [To be calculated] Cost of Jobs on the Balance Sheet: Job 102: [Specify location on the balance sheet] Job 103: [Specify location on the balance sheet] Journal Entries in the 'T' Accounts (Ledger Accounts Tab): [List the journal entries and their corresponding accounts] Ending Balances in All Accounts (Ledger Accounts Tab): [List the ending balances of each account] Over- or Underapplied Overhead Calculation (Ledger Accounts Tab): Over- or Underapplied Overhead: [To be calculated] Journal Entry to Dispose of Overhead Balance (Ledger Accounts Tab): [Provide the journal entry to dispose of the overhead balance]…

A company expected its annual overhead costs to be $813200 and machine hours to equal 107000 hours. Actual overhead was $749000, and actual machine hours totalled 98000 hours. How much overhead was over or underapplied? $4200 underapplied O $68400 underapplied O $69000 over-applied O $64400 underapplied

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QUESTION 7 Shoes Wisely, Inc. allocates overhead using machine hours as the allocation base. The following information was estimated at the beginning of the year: Estimated Manufacturing Overhead $83,000 Estimated Machine Hours 13,000 Actual overhead totaled $72,000. During the year, the company produced 8,500 units of product using 14,000 machine hours and 60,000 direct labor hours. How much manufacturing overhead was allcoated to the product during the year? Round your answer to whole dollars.

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