Quiz 11 - Utilities - factory Techniques used 25,000 direct...

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Question 1 0 out of 0 points The predetermined manufacturing overhead rate for 2010 was $4.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $75,000, what was the estimated manufacturing overhead? Answer Selected Answer: $60,000 Correct Answer: $60,000 Response Feedback: Question 2 0 out of 0 points Techniques, Inc. uses a predetermined manufacturing overhead rate based on direct labor hours to apply its indirect product costs to jobs. The following information has been collected for the previous year: Direct materials Direct labor Sales commissions Indirect labor Fixed manufacturing overhead Depreciation - factory building
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Unformatted text preview: Utilities - factory Techniques used 25,000 direct labor hours and 50,000 machine hours during the previous year. What is the predetermined overhead rate per direct labor hour? Answer Selected Answer: $10.00 Correct Answer: $10.00 Response Feedback: Question 3 0 out of 0 points The Super Supply Company manufactures cleaning spray for public schools. During 2010, the company spent $600,000 on prime costs and $800,000 on conversion costs. Overhead is applied at a rate of 150% of direct labor costs. How much did the company allocate for manufacturing overhead during 2010? Answer Selected Answer: $480,000 Correct Answer: $480,000 Response Feedback:...
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This note was uploaded on 11/11/2011 for the course COST ACCOU 101 taught by Professor Dennis during the Spring '11 term at Post.

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Quiz 11 - Utilities - factory Techniques used 25,000 direct...

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