Expected machine hours planes 17000 3000 20000 race cars 3000 7000 10000 Actual

Expected machine hours planes 17000 3000 20000 race

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Expected machine hoursplanes17,0003,00020,000race cars3,0007,00010,000Actual direct labor hoursplanes4,5005,30010,000race cars5,50034,50040,000Actual machine hoursplanes16,5003,50020,000race cars3,2006,80010,000Refer to Figure 4-6. How much overhead is applied to the planes? A. $ 60,000B. $250,000C. $219,500D. $225,00080. Figure 4-6The Fast & Furious Company produces two products: toyplanes and toy race cars. They use departmental overhead rates for the two production departments: molding and finishing. Molding uses machine hours to assign overhead and Finishing uses direct labor hours. 50,000 planes and 250,000 race cars are produced. Please find the following data:MoldingFinishingTotalEstimated Overhead$250,000$100,000$350,000Actual Overhead$240,000$120,000$360,000Expected direct labor hoursplanes5,0005,00010,000race cars5,00035,00040,000Expected machine hours
planes17,0003,00020,000race cars3,0007,00010,000Actual direct labor hoursplanes4,5005,30010,000race cars5,50034,50040,000Actual machine hoursplanes16,5003,50020,000race cars3,2006,80010,000Refer to Figure 4-6. What is the overhead per unit for race cars? (roundto 3 decimal places) A. $0.50B. $0.505C. $0.32D. $1.4081. Figure 4-6The Fast & Furious Company produces two products: toyplanes and toy race cars. They use departmental overhead rates for the two production departments: molding and finishing. Molding uses machine hours to assign overhead and Finishing uses direct labor hours. 50,000 planes and 250,000 race cars are produced. Please find the following data:MoldingFinishingTotalEstimated Overhead$250,000$100,000$350,000Actual Overhead$240,000$120,000$360,000Expected direct labor hoursplanes5,0005,00010,000race cars5,00035,00040,000Expected machine hoursplanes17,0003,00020,000race cars3,0007,00010,000Actual direct
labor hoursplanes4,5005,30010,000race cars5,50034,50040,000Actual machine hoursplanes16,5003,50020,000race cars3,2006,80010,000Refer to Figure 4-6. How much was overhead over or underapplied? 82. Motorsports, Inc. had a predetermined overhead rate of $2 per direct labor hour. The direct labor hours were estimated to be 25,000. The actual manufacturing overhead incurred was $47,000 and 24,000 actual direct labor hours were worked. How much was overhead over/under applied last year? A. $1,000 underappliedB. $2,000 83. Tarot Company has a predetermined overhead rate of $6 per direct labor hour. Last year the company incurred $156,600 of actual manufacturing overhead cost and the account was $12,600 underapplied. How many direct labor hours were worked during the year? A. 24,000 direct labor hoursB. 25,000 direct labor hoursC. 26,000

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