Using plant wide FOH rate based on direct labor, how much is the FOH rate per unit Assume in Assembly department, machine hours is the basis in calculating the FOH rate what is the departmental FOH rate per unit Assume in Finishing department, direct labor hours is the basis in calculating the FOH rate. What is the departmental foh rate per unit?
Q: Using the information in Annex 2, prepare an overhead summary, showing clearly the total overheads…
A: SOLUTION- Overheads are those costs that cannot be directly allocated to cost units. Overhead…
Q: Required: What is the company's assembly department overhead rate using direct labor hours? The…
A: Assembly department overhead rate based on direct labour hours = Estimated manufacturing overhead of…
Q: The use of a plantwide manufacturing overhead rate implies that the activities that cause overhead…
A: The Answer
Q: Using the direct method, compute for the factory overhead rate of the D department if it apply…
A: Under direct mathod, support department costs are directly allocated to Production department.
Q: (a) Calculate the following planned overhead absorption rates: (i) A machine hour rate for the…
A: Cost allocation is the process of providing assistance to the costs of a shared service organization…
Q: Activity rates from Hilliard Corporation's activity-based costing system are listed below. The…
A: Under activity based costing, Activity rates are calculated for each activity cost pool using the…
Q: Company X is considering switching to an activity-based costing system for computing unit product…
A: The predetermined overhead rate is calculated as estimated overhead cost divided by estimated base…
Q: a. Determine the per-unit factory overhead allocated to the commercial and residential motors under…
A: a)Determination of the per-unit factory overhead allocated to the commercial and residential motors…
Q: The management of a company would like to investigate the possibility of basing its predetermined…
A: Predetermined overhead rate=Manufacturing overheadMachine hours at capacity=$1,855,00053,000=$35
Q: 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the…
A: Plantwide overhead rate based on direct labour hours = Assembly department manufacturing overheads /…
Q: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product…
A: PLEASE LIKE THE ANSWER: DepIT Oh rate Component Estimated…
Q: The controller of Ferrence Company estimates the amount of materials handling overhead cost that…
A: Hey, Since there are multiple questions posted, we will answer first question. If you want any…
Q: Required: a. Calculate the cost per equivalent unit for direct materials and conversion costs. b.…
A:
Q: Using the direct method, compute for the factory overhead rate of the D department if it apply…
A: In the direct method of allocation, the department which serves most of the departments are…
Q: Required information [The following information applies to the questions displayed below.] Delph…
A: Plantwide predetermined overhead rate = Total Overheads / Total Machine hours Fixed overheads =…
Q: The controller of Hendershot Corporation estimates the amount of materials handling overhead cost…
A: Indirect costs or overhead costs in the manufacturing activity will be allocated to products or jobs…
Q: Calculate activity rate for general factory overhead using direct labor hours. How much of the…
A: Activity-Based Costing: It is the method of costing which is used to assign indirect costs to the…
Q: C Ltd has two departments A & B. Overhead is applied based on direct labour hours in department A…
A: The overhead rate is calculated by dividing the estimated overheads by the activity base.
Q: Calculating Departmental Overhead Rates Using Post-Allocation Costs Valron Company has two support…
A: a) Particulars Fabricating Assembly Direct cost $114,500 $96,000 Human resources 56000 104000…
Q: Megan Company has two departments, X and Y. Overhead is applied based on direct-labor hours in…
A: Budgeted Factory Overhead Rate for Department Y= Budgeted Factory Overhead/ Estiamted Machine Hour
Q: Activity Rates and Determining the cost of a product, which consist of direct materials, direct…
A: The total cost of the product is calculated by adding the cost of each activity. The per unit cost…
Q: Reyes Corporation applies overhead using a normal costing approach based upon machine-hours.…
A: The predetermined overhead rate is calculated as budgeted total cost divided by estimated activity…
Q: Is estimatinng activity costs associated with producing disk drives, tapes drives, and wire drives.…
A: The activity based costing is used to allocate the overhead costs to the production on the basis of…
Q: Four Finger Appliance used direct labor hours to allocate production department factory oVerhead LU…
A: Factory Overhead means all indirect costs incurred in production of goods. These needs to be…
Q: pools that use the following activity drivers. Number of Orders Number of Set-ups Number of Labor…
A: a) Calculation of allocation of each of the activity drivers: 1) Cost pool: $16,000 Number of…
Q: Using the direct method, compute for the factory overhead rate of the D department if it apply…
A:
Q: a. Determine an activity rate for each activity. Activity Rates Production Setup Procurement Quality…
A: Activity based costing has become widely used method for the allocation of overhead though its…
Q: Melting Molding
A: A) Schedule Allocating General plant management and Plant security cost Particulars Total Melting…
Q: Compute for the total Factory overhead cost of Department H if the company uses the direct method…
A: U V W H G Total overhead costs 332000 254000 188000 1275000 1810000…
Q: The controller has asked you to compare plant-wide, department, and activity-based cost allocation.…
A: Allocation of overhead: It is the apportionment of indirect costs to produced goods by means of…
Q: BTS Company has two main departments in the plant site namely Producing department (main) and the…
A: The following computations are done for BTS Company.
Q: chine hours b. number of setups c. number of engineering ch
A: Batch-related cost drivers refer to those expenses which arise when a certain bunch of products is…
Q: Booker Company operates a factory with two departments, X and Y. The rent paid on the manufacturing…
A: Cost allocation refers to the process of distributing the common cost of the production and service…
Q: Which of the following activity bases would be appropriate to use for materials handling? A.…
A: Activity-based costing (ABC) method: The costing method which allocates overheads to the products…
Q: Prepare a cost of production report, using the weighted average method, and identify the missing…
A: It is given that the material is applied during the process. It means that the degree of completion…
Q: a. Determine the tvio production department factory overhead rates. Pattern Department per dlh HIP…
A: The overhead rate seems to be a cost that is attributed to the creation of goods or services.…
Q: Use the following information for the Exercises below. Textra produces parts for a machine…
A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…
Q: Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and…
A: Activity based costing is a costing method in which all indirect costs are allocated on the basis of…
Q: Machining Assembly Buildings Factory And Grounds Administration Budgeted Overhead $361,956 $420,000…
A: Overhead allocation rate is the rate computed to charge the budgeted overhead of the production to…
Q: Using the direct method, compute for the factory overhead rate of the D department if it apply…
A: Under the direct method, service department costs are directly allocated to the production…
Q: Plantwide versus Department Direct Method. Bristol company uses the direct method in distributing…
A: Overheads are the indirect costs related to production or manufacturing of goods or things. base
Q: The denominator in the single plantwide factory overhead rate calculation is a.total budgeted…
A: Overheads are considered as fixed and common expenses that should be allocated to the products on…
Q: Computing departmental overhead allocation rates The Oakman Company (see Short Exercise S19-1) has…
A: Pre-determined overhead rate Pre-determined overhead rate is calculating in the beginning of the…
Q: Compute the final amount of estimated overhead of Service E after reciprocal transfer costs have…
A: Overheads of service department are allocated to manufacturing department to calculate the actual…
Q: Folsom Company manufactures specialty tools to customer order. There are three producingdepartments.…
A: A departmental overhead rate is a recurring fee based on the unit of activity produced by a…
Q: The cost accountant for M. Company wants to determine the cost of factory overhead. Based on…
A: Note: Since the information of three divers i.e. no. of moves, machine hours, and purchase orders is…
Q: hich of the following measures is appropriate as cost driver for personnel administration costs? a.…
A: Cost drivers are the factors which have a direct impact on the overall cost structure of the…
Using plant wide FOH rate based on direct labor, how much is the FOH rate per unit
Assume in Assembly department, machine hours is the basis in calculating the FOH rate what is the departmental FOH rate per unit
Assume in Finishing department, direct labor hours is the basis in calculating the FOH rate. What is the departmental foh rate per unit?
![YD corp has two departments assembly and finishing
he following are data available for two departments in 2021
Assembly
Finishing
Machine hours per unit
Direct labor hours
10 hr
5 hr
2 hr
1 hr
Budgeted (estimated)FOH
325,000 hr
175,000 hr
Budgeted machine hours
Budgeted direct labor hours
15,000 hr
2,500 hr
3,000 hr
2,000 hr](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3065cd3b-b226-4be3-b62d-174697ce2b7f%2Fcf34dd34-9425-4cdd-9f8a-63ca1cf9648c%2Fq48t6g_processed.png&w=3840&q=75)
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine hours. Calculate the predetermined overhead rate using: A. Direct labor hours B. Direct labor dollars C. Machine hoursAssume the following for White Top Inc. for the current fiscal year. White Top applies overhead onthe basis of units produced.Job Machine Hours246 5,200247 4,000Direct labor hours 50,000Average hourly pay rate $16.00Manufacturing overhead $1,400,000Budgeted overhead $350,000Actual overhead $360,000Actual labor hours 22,000Actual number of units sold 650,000Overapplied overhead $ 30,000Budgeted production (units) 700,000Budgeted overhead $200,000Actual overhead $222,000Actual labor hours 15,000Actual number of units sold 43,000Underapplied overhead $ 20,000Budgeted production (units) 50,000Required How many units were produced in the current fiscal year?Tristion Inc. has two production departments, and estimated the following information for the 2022 fiscal year Assembly Dept. Testing Dept. Overhead $1,496,250 $365,625 Direct labour hours 356,250 81,250 Machine hours 80,000 162,500 Currently, the company uses departmental rates to assign overhead costs. Overhead costs are assigned on the basis of direct labour hours for the Assembly Department and machine hours for the Testing Department. For September, the company reported the following actual data: Assembly Dept. Testing Dept. Overhead $107,560 $34,340 Direct labour hours 28,600 6,770 Machine hours 5,700 13,520 Required (A) What are the predetermined overhead rates for each department? (B) Assume that Job R777 used 4 direct labour hours in the Assembly Department and 3 machine hours in the Testing Department. Compute the overhead assigned to Job R777. (C) How much overhead was applied in the month of September? (D)…
- ABC Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2022, ABC estimated that manufacturing overhead for the year would be P4,800,000 and machine hours would be 80,000. The following information pertains to April 2022: Job #1 Job #2 Job #3 Work in process, April 1 P320,000 P520,000 P760,000 April production: Direct materials requisitioned 80,000 96,000 144,000 Direct labor costs 48,000 72,000 90,000 Machine hours 400 700 900 Actual overhead costs incurred during April amounted to P125,000. During April, jobs 1 and 3 were completed. Job 1 was delivered to a customer and an invoice for P800,000 was billed. Any over- or under-applied overhead is considered to be insignificant. 1. How much is the cost of goods…The following data relates to Lead Company's estimated amounts for next year. Department 1 Department 2 Estimated: Manufacturing overhead $1,688,000 $3,512,000 costs Direct hours 710,000 DLH 930,000 DLH Machine hours 106,000 MH 38,000 MH What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round to two decimal places) h O $3.17 per direct labor hour. O $2.38 per direct labor hour. O $3.78 per direct labor hour. O $2.069 per direct labor hour. O $3.63 per direct labor hour.The T-account showing the manufacturing overhead activity for Kenneth Corp. for 2018 is as follows: Manufacturing Overhead 210,000 196,000 Read the requirements. Requirement 1. What is the actual manufacturing overhead? Actual manufacturing overhead: S Requirement 2. What is the allocated manufacturing overhead? Allocated manufacturing overhead: S Requirement 3. Is manufacturing overhead underallocated or overallocated? By how much? Manufacturing overhead is by $
- ABC Company uses a job-order costing system and a predetermined overhead rate based on machine hours. At the beginning of 2022, ABC estimated that manufacturing overhead for the year would be P4,800,000 and machine hours would be 80,000. The following information pertains to April 2022: Job #1 Job #2 Job #3 Work in process, April 1 P320,000 P520,000 P760,000 April production: Direct materials requisitioned 80,000 96,000 144,000 Direct labor costs 48,000 72,000 90,000 Machine hours 400 700 900 Actual overhead costs incurred during April amounted to P125,000. During April, jobs 1 and 3 were completed. Job 1 was delivered to a customer and an invoice for P800,000 was billed. Any over- or under-applied overhead is considered to be insignificant. How much is the adjusted gross profit in April? How much is the ending work in process as of April 30, 2022?Gensource Company provided the following information from its accounting records for 2021: Estimated production 60,000 labor hours Actual production 56,000 labor hours Estimated overhead $1,800,000 Actual overhead $1,740,000 How much is the predetermined overhead rate if the Company bases it on direct labor hours? Select one: O a. $29.00 per hour b. $32.14 per hour c. $30.00 per hour d. $31.07 per hourA Company estimates its overhead to be $375,000 It expects to have 125,000 direct labor hours costing $1,500,000 in labor It expects to utilize 15,000 machine hours Calculate the predetermined overhead rate using: Direct labor hours Direct labor dollars Machine hours Predetermined overhead allocation rate= estimated manufacturing overhead cost/ allocation base
- The following information has been collected from the cost records of P&L company for theyear ended 31st October, 2021:Direct Materials 500,000Direct Labour 400,000Direct Expenses 40,000Works Overheads 320,000Office Expenses 189,000The total number of direct labour hours were 200,000 involving 80,000 machine hours.I. Calculate the percentage on direct wagesII. Calculate the productive labour hours rateIII. Calculate the machine hour rateVieute Company operates with two producing departments, P1 and P2, nd two service departments, S1 and S2. Actual manufacturing overhead bofore allocation of service department costs, together with the usage of service from the service departments, is as follows: Actual Manufacturing Overhead Before Allocation of Service Departmental Costs Services provided by S2 Department si P1 P 40,000 40% 20% 50 40 47,600 14,400 18,000 P2 si S2 40 10 P120,000 100% 100% What is the total manufacturing overhead for P1 (Producing Department 1), after allocating service costs to producing departments. Using data for Vicente, compute the total manufacturing overhead for P1, allocating service department costs stepwise, beginning with department 52. After a department expenses have been allocated, no expenses are assigned back to it. Based on Vicente data: Determine the total manufacturing overhead (including service department costs) for P2 using the reciprocal method.Applying Factory Overhead Jernigan Company estimates that total factory overhead costs will be $378,000 for the year. Direct labor hours are estimated to be 27,000. a. For Jernigan Company, determine the predetermined factory overhead rate using direct labor hours as the activity base. If required, round your answer to two decimal places.$fill in the blank fb95c2fa601df9b_1 per direct labor hour b. During August, Jernigan Company accumulated 550 hours of direct labor costs on Job 40 and 520 hours on Job 42. Determine the amount of factory overhead applied to Jobs 40 and 42 in August.$fill in the blank fb95c2fa601df9b_2 c. Prepare the journal entry to apply factory overhead to both jobs in August according to the predetermined overhead rate.