ACCT2301-002-Chap4-InClass-sp2009

ACCT2301-002-Chap4-InClass-sp2009 - ACCT 2301-002 Exercise...

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ACCT 2301-002 Exercise E4-17 Raw data: Estimated overhead: $450,000 Estimated direct labor hours: 90,000 DLH Direct labor hours for March: 7,300 DLH 1. Calculate the predetermined overhead rate for Jeffords. Predetermined overhead rate = $450,000 90,000 DLH 2. Calculate the overhead applied to production in March. Applied overhead in March = 7,300 DLH x $5.00
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= $5.00 per DLH per DLH = $36,500
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ACCT 2301-002 Exercise E4-18 Raw data: Estimated overhead: $270,000 Estimated direct labor hours: 90,000 DLH Direct labor hours for March: 8,150 DLH 1. Calculate the predetermined overhead rate for Badiyan. Predetermined overhead rate = $270,000 90,000 2. Calculate the overhead applied to production in January. Applied overhead in January = 8,150 DLH x Exercise E4-19 Raw data: Actual overhead for the year: $308,000 Actual direct labor hours for the year: 102,600 Unadjusted Cost of Goods Sold: $235,670 1. Calculate the total overhead applied for the year. Was overhead over- or
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This note was uploaded on 02/16/2009 for the course ACCT 2301 taught by Professor Staff during the Spring '08 term at Texas Tech.

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ACCT2301-002-Chap4-InClass-sp2009 - ACCT 2301-002 Exercise...

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