The Kaumajet Factory produces two products table lamps and desk lamps. It has two separate departments - Finishing and Production. The overhead budget for the Finishing Department is $594,660, using 374,000 direct labor hours. The overhead budget for the Production Department is $453,429 using 60,700 direct labor hours. If the budget estimates that a desk lamp will require 3 hours of finishing and 6 hours of production, how much factory overhead will the Kaumajet Factory allocate to each unit of desk lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours? a. $7.47 b. $155.39 c. $17.27 d. $49.59

Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a lean cell for each customer. The following information relates to only one customer's lean cell for the coming year. For the year, projected labor and overhead was $5,154,500 and materials costs were $34 per unit. Planned production included 5,408 hours to produce 16,900 motor drives. Actual production for August was 1,820 units, and motor drives shipped amounted to 1,400 units. Conversion costs are applied based on units of production From the foregoing information, determine the amount of the conversion costs charged to Raw and In Process Inventory during August. Oa. $555,100 Ob. $556,954 Oc. $235,349 Od. $128,100

Good Eats Inc. manufactures flatware sets. The budgeted production is for 80,000 sets this year. Each set requires 2.5 hours to polish the material. If polishing labor costs $15.00 per hour, determine the direct labor cost budget for polishing for the year.$____

Sunland Inc. manufactures two products, sweaters and jackets. The company has estimated its overhead in the order-processing department to be $177000. The company produces 53000 sweaters and 78000 jackets each year. Sweater production requires 23000 machine hours, jacket production requires 49000 machine hours. The company places raw materials orders 12 times per month, 4 times for raw materials for sweaters and the remainder for raw materials for jackets. How much of the order-processing overhead should be allocated to jackets? O $44250 O $69250 O $135000 O $118000

T-Shirt Co. makes two products: A and B. In the cutting department, budgeted information is as follows: Budgeted manufacturing overhead: $400,000 Budgeted machine hours: 80,000 Budgeted units produced: 50,000 The company allocates overhead based on units produced. The actual number of machine hours spent on product B is 30,000 and 10,000 units of product B are produced. How much is the manufacturing overhead of product B in the cutting department? 80,000 230,000 320,000 150,000

Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $30 per unit and $45 is used in direct labor, while the direct material for the double is $45 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 10,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: Activity CostPools Driver EstimatedOverhead Use perTwin Use perDouble Framing Square Feet of Pine $270,000 6,000 3,000 Padding Square Feet of Quilting 230,000 130,000 100,000 Filling Square Feet of Filling 240,000 450,000 350,000 Labeling Number of Boxes 250,000 850,000 400,000 Inspection Number of Inspections 165,000 11,000 4,000 After grouping cost pools and estimating overhead and activities, Box Springs determined these rates: Purchasing (per order) $56 Utilities (per square foot) 2 Machine Setups (per machine hour) 7 Supervision (per direct labor hour)…

Kata Systems allocates manufacturing overhead based on machine hours. Each connector should require 10 machine hours. According to the static​ budget, Kata expected to incur the​ following:   1,000 machine hours per month (100 connectors × 10 machine hours per connector) $8,500 in variable manufacturing overhead costs $9,450 in fixed manufacturing overhead costs   During​ August, Kata actually used 800 machine hours to make 130 connectors and spent $5,200 in variable manufacturing costs and $7,800 in fixed manufacturing overhead costs. Kata's standard variable manufacturing overhead allocation rate is A. $17.95 per machine hour. B. $9.45 per machine hour. C. $10.63 per machine hour. D. $8.50 per machine hour.

Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments: Fabrication and Assembly. The factory overhead budget for the Fabrication Department is $644,490, using 325,500 direct labor hours. The factory overhead budget for the Assembly Department is $596,624, using 76,100 direct labor hours. If a table lamp requires 4 hours of fabrication and 7 hour of assembly, the total amount of factory overhead that Kaumajet Factory will allocate to table lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours if 9,200 units are produced is a.$72,128 b.$312,751 c.$150,035 d.$577,760

Patel and Sons Inc. uses a standard cost system to apply factory overhead costs to units produced. Practical capacity for the plant is defined as 51,600 machine hours per year, which represents 25,800 units of output. Annual budgeted fixed factory overhead costs are $258,000 and the budgeted variable factory overhead cost rate is $2.50 per unit. Factory overhead costs are applied on the basis of standard machine hours allowed for units produced. Budgeted and actual output for the year was 19,500 units, which took 40,600 machine hours. Actual fixed factory overhead costs for the year amounted to $251,600 while the actual variable overhead cost per unit was $2.40.   Assume that at the end of the year, management of Patel and Sons decides that the overhead cost variances should be allocated to WIP Inventory, Finished Goods Inventory, and Cost of Goods Sold (CGS) using the following percentages: 10%, 20%, and 70%, respectively. Provide the proper journal entry to close out the…

Compute the predetermined variable overhead rate and the predetermined fixed overhead rate. (Round answers to 2 decimal places, eg. 2.75.) Predetermined Overhead Rate (b) eTextbook and Media Compute the applied overhead for Crane for the year. Overhead Applied Variable $ 2.50 Fixed Attempts: 1 of 3 used