Question

Single Plantwide Factory Overhead Rate Nixon Machine Parts Inc.'s Fabrication Department incurred $194,700 of factory overhead...

Single Plantwide Factory Overhead Rate Nixon Machine Parts Inc.'s Fabrication Department incurred $194,700 of factory overhead cost in producing gears and sprockets. The two products consumed a total of 5,900 direct machine hours. Of that amount, sprockets consumed 3,000 direct machine hours. Determine the total amount of factory overhead that should be allocated to sprockets using machine hours as the allocation base. If required, round your answer to the nearest dollar. $

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion The management...
Single Plantwide and Multiple Production Department Factory Overhead Rate Methods and Product Cost Distortion The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted...
Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and...
Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and cream—in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $282,100. The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Hours Machine Hours Blending Department Whole milk 330 780 Skim milk 360 710 Cream 290 280 980 1,770 Packing Department Whole milk 390 510 Skim milk 620 630...
Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and...
Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and cream—in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $352,800. The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Hours Machine Hours Blending Department Whole milk 360 950 Skim milk 390 860 Cream 310 350 1,060 2,160 Packing Department Whole milk 480 550 Skim milk 760 680...
Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and...
Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and cream—in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $420,000. The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Hours Machine Hours Blending Department Whole milk 300 940 Skim milk 330 850 Cream 250 340 880 2,130 Packing Department Whole milk 400 520 Skim milk 630 640...
(#18-9) Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk,...
(#18-9) Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products—whole milk, skim milk, and cream—in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $264,600. The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Hours Machine Hours Blending Department Whole milk 290 730 Skim milk 310 670 Cream 250 270 850 1,670 Packing Department Whole milk 340 390 Skim milk 540...
Single Plantwide Factory Overhead Rate Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones....
Single Plantwide Factory Overhead Rate Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $150,360. Factory overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit: Budgeted Production Volume Direct Labor Hours Per Unit Trumpets 2,000 units 0.5 Tubas 600 1.5 Trombones 1,400 1.2 If required, round all per unit answers to the nearest...
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for...
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $1,890,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require six direct labor hours for manufacture. Each product is budgeted for 7,500 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year....
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for...
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $1,164,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require four direct labor hours for manufacture. Each product is budgeted for 6,000 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year....
he management of Nova Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication...
he management of Nova Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Nova: Fabrication Department factory overhead $612,000 Assembly Department factory overhead 252,000 Total $864,000...
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and...
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Direct Labor Hours Per Unit Machine Hours Per Unit   Rings 970 6 8   Dings 2,120 8 7 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $81,900. All of the labor hours take place in the Assembly Department, which has estimated...