Date In Out In Out Hours 9/13 7:00 11:00 11:30 3:45 9/14 7:15 11:35 12:30 3:35 9/15 7:10 12:00 12:40 4:10 9/16 7:20 11:50 12:50 4:50 9/17 7:05 11.09 11.50 3:30 Total Hours
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- Categories of Work Hours Number of Hours Direct hours 3,108 Indirect hours 928 Nonproductive hours 760 UOS or HPPD 436 Survey period 14 Assignment Guidelines Part One: Use the provided data in table 7.1 to calculate and interpret in writing the following figures for the unit: 1. Total worked (or productive) hours 2. Total paid hours 3. Total direct hours (or variable) worked per UOS or HPPD 4. Total indirect (or fixed) worked hours per UOS or HPPD 5. Total worked (or productive hours) per UOS or HPPD 6. Total paid hours per UOS or HPPD 7. Average daily UOS Part Two: Assume a hospital unit records 2,036 full-time hours and 326 part-time hours within one week. How many full-time equivalents (FTE's) does this unit have?Job Number 10 11 12 13 14 (a) April May $4,860 $4,220 3,680 April 30 3,840 May 31 1,100 Your answer is incorrect. June 30 4,390 5,560 Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion. $ June $ $1,880 $ 4,230 3,370 What is the balance in Work in Process Inventory at the end of each month? Work in Process Inventory Month Completed May June April June Not completeCh. 8 Homework Question 6 Please answer and solve the following Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31 and 25 closures on June 30 and variable manufacturing overhead is $1.25 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shadee’s budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $2.) (Round your answer to 2 decimal places.) 2. Determine Shadee's budgeted cost of goods sold for May and June.
- Exercise 17-16 Using ABC In a service company LO P3 Cardiff and Delp is an architectural firm that provides services for residentlal construction projects. The following data pertaln to a recent reporting perlod. Activities Costs Design department Client consultation 2,100 contact hours 1,888 design hours 53, e00 square feet $428, e08 102,600 Drawings Modeling Project management department Supervision Billings Collections 31,800 1,000 days 8 jobs 8 jobs $220,000 8,100 14,380 Required: 1. & 2 Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8.000- square-foot Job that requires 450 contact hours, 356 design hours, and 125 days to complete. (Round activity rate answers to 2 decimal places.) Activity Rate Activity Driver Incurred Overhead Assigned Activity Expected Costs Expected Activity Driver Client consultation Drawings Modeling Supervision Billings/Collection Total overhead costall 72% 7:15 PM Q1 Moona Inc. produces Mobile phones. Information of the company's operations last year appear below: Fixed cost: Fixed Manufacturing overhead Fixed Selling & Administrative 40,000 Rs 60,000 Rs Selling Price per unit Rs 100 Variable cost per unit: Direct Materials Direct labor Variable Manufacturing overhead Variable Selling & Administrative Rs 30 Rs 10 Rs 5 Rs 2 Units In beginning Inventory Units Produced Units Sold 2000 1900 Required: a. Compute the unit product cost under both absorption and variable costina b. Prepare an income statement for the year using absorption costing. c. Prepare a contribution format income statement for the year using varnable costing d. Prepare a report reconciling the difference in net operating income between absorption and variable costing for the year.BusinessE b My Questi Reference Chapt X enccinstructure.com/courses/3788/assignments/35967?module ite 0 In the month of June, a department had 19000 units in beginning work in process that were 65% complete. During June, 89000 units were started into production. At the end of June there were 9000 units in ending work in process that were 35% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred out of the department in June? O 89000 units. O 99000 units. O 108000 units. O 80000 units.
- Question 4 -/1 View Policies Current Attempt in Progress t Cherryville Company charges $61 per hour for labor and has a 42% material loading charge. A recent job required 20 hours and $2,000 of materials. Calculate the total cost of the job. O $4,572.40 O $3,220 O $4,060 O $2,840 4) 11 hp ins prt sc n0 12 delete home encExercise 15-25 (Algo) Closing over- or underapplied overhead LO P4 Star Promotions Valle Builders Indirect materials $ 12,300 $ 7,000 Indirect labor 56,200 46,100 Other overhead 17,200 49,900 Overhead applied 93,000 98,800 Star Promotions1-a. Determine whether overhead is overapplied or underapplied.1-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.Valle Builders2-a. Determine whether overhead is overapplied or underapplied.2-b. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.Q 5
- Data table MACRS Fixed Annual Expense Percentages by Recovery Class Click on this icon to download the data from this table Year 3-Year 5-Year 7-Year 10-Year 1 33.33% 20.00% 14.29% 10.00% 2 44.45% 32.00% 24.49% 18.00% 3 14.81% 19.20% 17.49% 14.40% 4 7.41% 11.52% 12.49% 11.52% 5 11.52% 8.93% 9.22% 10 11 678 06 5.76% 8.93% 7.37% 8.93% 6.55% 4.45% 6.55% 6.55% 6.55% 3.28% - X2021 7:57 PM Submitted At: Mar 31, 2021 9:27 PM 2021 9:27 PM Submitted By: CengageNOWv2 when time ran out During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 for general factory use. Factory overhead applied to production was $23,000. The entry to record the factory overhead applied to production is a. Work in Process 25,000 Factory Overhead 25,000 Ob. Factory Overhead Accounts Payable 25,000 25,000 C. Work in Process Factory Overhead Od. Factory Overhead Work in Process 23,000 23,000 23,000 23,000Otototorroroto
