Points received 0 of 7 comments 3 question 5 question

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Points Received: 0 of 7 Comments:
3 Question 5. Question : (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 $87,000 $89,975 How much is the predetermined overhead rate?
Points Received: 7 of 7 Comments: Question 6. Question : (TCO 2) During 2015, Michael Company applied overhead using a job- order costing system at a rate of $11 per direct labor hours. Estimated direct labor hours for the year were 150,000, and estimated overhead for the year was $1,650,000. Actual direct labor hours for 20x1 were 140,000, and actual overhead was $1,420,000. What is the amount of under- or over-applied overhead for the year?
4 Explanation: $1,420,000, so $120,000 was over-applied. Points Received: 7 of 7 Comments: Question 7. Question : (TCO 2) Manufacturers follow four steps to implement a manufacturing overhead allocation system. What is the first step? Instructor Explanation:
Points Received: 7 of 7 Comments:
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