Question 5 5 tco 2 paul company applies manufacturing

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Question 5. 5. (TCO 2) Paul Company applies manufacturing overhead based on direct labor cost. Information concerning manufacturing overhead and labor for August follows. Estimated Actual Overhead cost $174,000 $171,000 Direct labor hours 5,800 5,900 Direct labor cost $90,155 $87,000 How much is the predetermined overhead rate? (Points : 7) $1.90 30.00 $2.00 $1.93
Question 6. 6. (TCO 2) During 2015, Michael Company applied overhead using a job-order costing system at a rate of $15 per direct labor hours. Estimated direct labor hours for the year were 150,000, and estimated overhead for the year was $2,250,000. Actual direct labor hours for 20x1 were 140,000, and actual overhead was $2,400,000. What is the amount of under- or over-applied overhead for the year? (Points : 7)
Question 7. 7. (TCO 2) Manufacturing overhead is allocated on the basis of (Points : 7)
any of the listed choices. 1. (TCO 1) Which of the following topics is the focus of managerial accounting? (Points : 7)
Question 2. 2. (TCO 6) Smile Labs develops 35mm film using a four-step process that moves progressively through four departments. The company specializes in overnight service and has the largest drug store chain as its primary customer. Currently, direct labor, direct materials, and overhead are accumulated by department. The cost accumulation system that best describes the system that Smile Labs is using is: (Points : 7) operation costing. activity-based costing.

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