The following data relates to departments A, B, and C of a company; machine hours: department A-1000hours, B- 1500hours, C-1200hours; floor space: department A- 20sqm, B- 15sqm, C- 25sqm. The total production overhead cost of GHC1200000 is made up of rent- GHC800000 and depreciation- GHC400000. The company uses the ABC system to apportion overhead cost. The total overhead cost for department A will be OA. GHC249549.5 OB. GHC245949.5 OC. GHC349549.5 OD. GHC345949.5

The following data relates to departments A, B, and C of a company; machine hours: department A-1000hours, B- 1500hours, C-1200hours; floor space: department A- 20sqm, B- 15sqm, C- 25sqm. The total production overhead cost of GHC1200000 is made up of rent- GHC800000 and depreciation- GHC400000. The company uses the ABC system to apportion overhead cost. The total overhead cost for department A will be OA. GHC249549.5 OB. GHC245949.5 OC. GHC349549.5 OD. GHC345949.5

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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P5-1A. Calculating Manufacturing Overhead Rates Glassman Company accumulated the following data for the current year. Milling Department manufacturing overhead... Finishing Department manufacturing overhead. Machine hours used a. Milling Department... Finishing Department. Labor hours used Milling Department.. Finishing Department. $484,000 $260,000 10,000 hours 2,000 hours 1,000 hours 1,000 hours Required Calculate the company-wide manufacturing overhead rate using machine hours as the allocation base.
Account balances from Boilermakers Company are as follows: Manufacturing Overhead Work in Process Finished Goods Cost of Goods Sold $240,000 underapplied 100,000 300,000 800,000 Under- or overapplied overhead is material and is allocated to Work in Process, Finished Goods, and Cost of Goods Sold (based on ending account balances), Cost of Goods Sold after adjustment would have a balance of Oa. $1,440,000. Ob. $640,000. Oc. $960,000. Od. $1,040,000.
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The following data relates to departments A, B, and C of a company; machine hours: department A- 1000hours, B-1500hours, C-1200hours; floor space: department A- 20sqm, B- 15sqm, C- 25sqm. The total production overhead cost of GH¢1200000 is made up of rent- GH¢800000 and depreciation-GHC400000. The company uses the ABC system to apportion overhead cost. The total overhead cost for department A will be OA. GHC345949.5 B. GH 249549.5 OC. GH¢349549.5 OD. GHC245949.5
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Tt.11.
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A7 please help.........