Question

​Sybil, Inc. uses a predetermined overhead allocation rate to allocate manufacturing overhead costs to jobs. The...

​Sybil, Inc. uses a predetermined overhead allocation rate to allocate manufacturing overhead costs to jobs. The company recently completed Job 300X. This job used 14 machine hours and 4 direct labor hours. The predetermined overhead allocation rate is calculated to be​ $44 per machine hour. What is the amount of manufacturing overhead allocated to Job 300X using machine hours as the allocation​ base?

a. 176

b. 616

c. 792

d. 440

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Sybil inc.

Used machine hour = 14

Direct labour hour = 4

Predetermined overhead allocation $44 per machine hour

Machine hour as the allocation base

.

Amount of manufacturing overhead cost = predetermined overhead allocation rate * actual quantity of the allocation base

predetermined overhead allocation rate = 44

actual quantity of the allocation base = 14 machine hour

.

Amount of manufacturing overhead cost =44 * 14 = 616

Amount of manufacturing overhead cost is b.616

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has...
Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two​ departments: Assembly and Sanding. The Assembly Department uses a departmental overhead rate of $35 per machine​ hour, while the Sanding Department uses a departmental overhead rate of $20 per direct labor hour. Job 542 used the following direct labor hours and machine hours in the two​ departments: Actual results Assembly Department Sanding Department Direct labor hours used 7 3 Machine hours used 10...
Floral Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on...
Floral Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the year, the company expected to incur the following: Manufacturing overhead costs. . . . . . . . $640,000 Direct labor cost. . . . . . . . . . . . . . . . . . . $1,600,000 Machine hours. . . . . . . . . . . . ....
ABC Manufacturing uses normal costing and allocates manufacturing overhead to jobs based on a budgeted direct...
ABC Manufacturing uses normal costing and allocates manufacturing overhead to jobs based on a budgeted direct labor-hour rate for the actual direct labor hours. Any overallocated or underallocated overhead is written-off to the cost of goods sold at the end of the month. During April 2019, ABC Manufacturing recorded the following: Budgeted manufacturing overhead costs: $400,000 Budgeted direct labor-hours: 20,000 DLHRS Budgeted machine hours: 16,000 MHRS Actual manufacturing overhead costs: $360,000 Actual direct labor-hours:   22,500 DLHRS Actual machine hours: 15,000...
Dimopoulos Pools manufactures swimming pool equipment. Estimated manufacturing Estimated quantity Predetermined Allocated overhead costs of allocation...
Dimopoulos Pools manufactures swimming pool equipment. Estimated manufacturing Estimated quantity Predetermined Allocated overhead costs of allocation base overhead rate overhead Direct labor hours $1,300,000 50,000 $26.00 per DL hour $1,357,200 Direct labor cost $1,300,000 $1,000,000 130% of DL cost $1,332,500 Machine hours $1,300,000 65,000 $20.00 per MH $1,276,000 Determine the total overallocation or underallocation of manufacturing overhead during the year in the following independent situations. Actual manufacturing costs for the year for Dimopoulos Pools totaled$1,325000. 1. Assume that the company...
1.Showboat Corporation had actual manufacturing overhead costs for the most recent year of $ 29,700.Manufacturing overhead...
1.Showboat Corporation had actual manufacturing overhead costs for the most recent year of $ 29,700.Manufacturing overhead is allocated using a predetermined manufacturing overhead rate of $3.50 per direct labor hour. Direct labor cost is $27 per hour. At the end of the​ year, Cabaret Corporation found it had overallocated manufacturing overhead by $1,350. How much manufacturing overhead was allocated in total during the​ year? 2.Barefoot Running​ Company's work in process inventory on June 1 has a balance of $23,300 representing...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as...
Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $13.00 per hour. During the year, the company started and completed only two jobs—Job Alpha, which used 64,200 direct labor-hours, and Job Omega. The job cost sheets for the these two jobs are shown below: Job Alpha Direct materials ? Direct labor ? Manufacturing overhead applied ? Total job cost $ 1,620,000 Job Omega Direct...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 30,000 Total fixed manufacturing overhead cost $ 252,000 Variable manufacturing overhead per machine-hour $ 2.10 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 30 Direct materials $ 675 Direct labor cost $ 1,050 The estimated total...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 30,200 Total fixed manufacturing overhead cost $ 120,800 Variable manufacturing overhead per machine-hour $ 6 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 40 Direct materials $ 710 Direct labor cost $ 1,410 The total job...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 32,000 Total fixed manufacturing overhead cost $ 352,000 Variable manufacturing overhead per machine-hour $ 3.00 Recently, Job T687 was completed with the following characteristics: Number of units in the job 10 Total machine-hours 40 Direct materials $ 675 Direct labor cost $ 1,350 The amount of...
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on...
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 58,000 direct labor-hours, total fixed manufacturing overhead cost of $58,000, and a variable manufacturing overhead rate of $2.90 per direct labor-hour. Recently Job X387 was completed and required 220 direct labor-hours. Required: Calculate the amount of overhead applied to Job X387
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT