Exercises 3-1.3 thru 3.9 13 GAR

Exercises 3-1.3 thru 3.9 13 GAR - Exercise33(10minutes...

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Exercise 3-3  (10 minutes) The predetermined overhead rate is computed as follows: Estimated total manufacturing overhead. ........... $134,000 ÷ Estimated total direct labor hours (DLHs). ......       20,000     DLHs = Predetermined overhead rate. ........................           $6.70     per DLH
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Exercise 3-4  (15 minutes) a. Raw Materials. .................... 80,000 Accounts Payable. ........ 80,000 b. Work in Process. ................ 62,000 Manufacturing Overhead. ... 9,000 Raw Materials. .............. 71,000 c. Work in Process. ................ 101,000 Manufacturing Overhead. ... 11,000 Wages Payable. ............ 112,000 d. Manufacturing Overhead. ... 175,000 Various Accounts. ......... 175,000
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Exercise 3-5  (10 minutes) Actual direct labor-hours. ............................... 10,800 × Predetermined overhead rate. ....................       $23.40     = Manufacturing overhead applied. ................ $252,720
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Exercises 3-1.3 thru 3.9 13 GAR - Exercise33(10minutes...

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