Chap 3 HW Joseph Schipani.docx - Joseph Schipani ACC 545 Chapter 3 E3-1 94,000(20,000)x(2 94,000 40,000 = 134,000 Manufacturer overhead Manufacturer

Chap 3 HW Joseph Schipani.docx - Joseph Schipani ACC 545...

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Joseph Schipani ACC 545 Chapter 3 E3-1 94,000+(20,000)x(2) 94,000 + 40,000 = 134,000 Manufacturer overhead Manufacturer Overhead = $134,000 Estimated direct hours = 20,000 Predetermined overhead rate =$6.70 direct labor hours E3-3 1) Direct labor cost $153 / $17 direct labor rate = 9 Direct materials $231 Direct labor $153 Direct overhead $126 Total manufacturing cost = $510 2) Manufacturing cost $510 / 40 units = 12.75 E3-4 Direct Labor assembly $180/ $20 = 9 Direct labor T&P $40/$20= 2 Direct materials $365 Direct labor $220 Assembly (16X9) $144 Packing & Track (12x2) $24 $168 Total Manufacturing cost $753 2) Manufacturing cost $753/10 units = $75.30
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E3-5 1) Direct labor cost Finishing $128 / $16 direct labor rate = 8 Direct labor T&P $40/$20= 2 Direct materials $470 Direct labor $176 Finishing (18x8) $144 Fabrication (110x60) $66 $210 Total Manufacturing cost $856 2) Manufacturing cost $856/15 units = $57.07 E3-6 1) Estimated Fixed overhead cost $680,000 Estimated variable overhead cost ($.50 x80,000) $40,000 Estimated Total overhead $720,000 Predetermined Overhead rate Estimated total overhead $720,000 Estimated direct labor hours 80,000 Predetermined overhead rate $9.00 per direct labor hour 2) Direct materials $38,000 Direct labor $21,000 Direct overhead $2,520 Total manufacturing cost = $61,520
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