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
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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