F Limited manufactures stereo speakers in two factories; one called Geelong and the other called Preston. The Geelong factory uses direct labor cost (DL$) for its overhead rate and the Preston factory uses machine-hours (MHs) for its overhead rate. Information related to both plants for last year is presented below. Required: Enter the missing numbers only (rounded to the nearest whole number), and indicate whether applied overhead is under or over, and whether the disposition of the balance of manufacturing overhead is a debit or credit to COGS.    Geelong factory Preston factory Estimated total manufacturing overhead cost $1,005,000 $2,035,000 Estimated total amount of allocation base   185,000 MHs Predetermined overhead rate 15 per DL$   Actual amount of allocation base   195,000 MHs Actual manufacturing overhead $1,015,500 $2,150,000 Applied manufacturing overhead $1,020,000   Manufacturing overhead account balance     Under or Over applied overhead     Debit or Credit Cost of Good Sold to dispose of manufacturing overhead account balance

The company applies all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year, it made the following estimates: Direct labor-hours required to support estimated output Fixed overhead coat Variable overhead cost per direct labor-hour Required: 1. Compute the predetermined overhead rate. 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information was available with respect to his job: Direct materials Direct labor cost Direct labor-bours used Compute Mr. Wilkes' total job cost. 3. If Speedy establishes its selling prices using a markup percentage of 40% of its total job cost, then how much would it have charged Mr. Wilkes? Required 1 Required 2 $ 703 $317 . Complete the question by entering your answers in the tabs given below. Overhead applied Total cost assigned to Mr. Wilkes 22,000 $ 253,000 $ 1.00 Required 3 Compute Mr. Wilkes' total job cost. (Round your intermediate calculations to…

Rockwell Collins, headquartered in Cedar Rapids, IA, sells aviation and information technology systems. Rockwell applies manufacturing overhead on the basis of machine-hours. At the beginning of the most recent year, a small division of the company based its predetermined overhead rate on total estimated overhead of $60,600. Actual manufacturing overhead for the year amounted to $59,000 and actual machine-hours were 5,900. The company's predetermined overhead rate for the year was $10.10 per machine-hour. Therefore, the overhead for the year was:

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period: Estimated annual overhead cost Actual annual overhead cost Estimated machine hours Actual machine hours $1,560,000 applied and $15,000 overapplied $1,600,000 applied and $15,000 overapplied $1,560,000 applied and $15,000 underapplied $1,575,000 applied and neither under- nor overapplied ● An A ♫ $1,600,000 $1,575,000 400,000 W 390,000 D P & E f

Cavy Company estimates that the factory overhead for the following year will be $1,824,500. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 44,500 hours. The machine hours for the month of April for all of the jobs were 5,200. Journalize the entry to record the factory overhead applied in April. If an amount box does not require an entry, leave it blank.     - Select  - Select      - Select - - Select -