The predetermined overhead rate is $50 per machine-hour, underapplied overhead is $5,000, and the actual amount of

Question:

The predetermined overhead rate is $50 per machine-hour, underapplied overhead is $5,000, and the actual amount of machine-hours is 2,000. What is the actual amount of total manufacturing overhead incurred during the period?

a. $105,000

b. $95,000

c. $150,000

d. $110,000

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

ISE Introduction To Managerial Accounting

ISBN: 9781260091755

8th Edition

Authors: Peter Brewer, Ray Garrison, Eric Noreen

See More Books

Question Posted: Mar 12, 2024 05:01 AM

See More Questions

Recall that unit costs include direct materials, direct labor, and overhead. The costs for direct materials and direct labor are incurred throughout the period. However, overhead costs may not...
Recall that unit costs include direct materials, direct labor, and overhead. The costs for direct materials and direct labor are incurred throughout the period. However, overhead costs may not...
Micro Enterprises has the capacity to produce 10,000 widgets a month and currently makes and sells 9,000 widgets a month. Widgets normally sell for $6 each, and cost an average of $5 to make,...
Each table of values gives several points that lie on a line.(a) What is the x-intercept of the line? The y-intercept?(b) Which equation in choices AD corresponds to the given table of values?(c)...
Light will not pass through a pair of Polaroid sheets when they are aligned perpendicularly. However, if a third Polaroid is sandwiched between the two with its alignment halfway between the...
BioElectroMechanical Systems (BEMS) is a start-up company with high potential and little available cash. They obtain $500,000 for necessary technology from a venture capitalist who charges them 24...
I spent time with you. It seems that this deed is out of character for you. You were not awarded your normal annual bonus. I would probably feel the same. Is that what happened? You normally wouldnt...
Michael Roberts is a cost accountant and business analyst for Darby Design Company (DDC), which manufactures expensive brass doorknobs. DDC uses two direct cost categories: direct materials and...
The table below shows the output per labourer per day for Guyana and Jamaica for Coffee and Rice. Coffee Rice Table 1 Output per labourer per day Guyana Jamaica 8 6 10 4 What is the autarky cost of...
Hogle Corporation is a manufacturer that uses job-order costing. On January 1, the companys inventory balances were as follows: The company applies overhead cost to jobs on the basis of machine-hours...
The estimated total manufacturing overhead cost is $200,000. The estimated total amount of the allocation base is 40,000 direct labor-hours. The actual total manufacturing overhead cost for the...
All partners agree that $150,000 of accounts receivable invested by a partner will be collectible to the extent of 90%. How should the accounts receivable be recorded in the general ledger of the...
Major Aviation has borrowed $120 million at 8 percent per year compounded semi-annually. The principal and interest are due in 10 years. How much does Major Aviation have to pay in 10 years to pay...
5. (10%) Given a UNIX i-node with ten direct blocks and three levels of indirect blocks (i.e., a single, a double, and a triple) and assuming that the sizes of a pointer and a block are,...
A pump is used to transfer water (p=1000 kg/m) from a lake to a reservoir as shown in Figure 3 (b). The piping system consists of a cast iron pipe with the diameter, D of 60 mm and the total length...
You are redeveloping an acre of land that was originally an asphalt parking lot. Along with the building and parking, you plan to turn 10,000 ft2 of the lot into landscaped areas with natural and...
Construct a Venn diagram where U = {a, b, c, d, e, f, g}, A = {b, c, d}, and B = {a, b, g}. Move each of the lettered points to an appropriate region on the Venn diagram.
Consider a point course of light. How would the intensity of light vary with distance from the source according to? (a) Wave theory (b) Particle (photon) theory? Would this help to distinguish the...
How can you tell from the vertex form y = a(x - h) 2 + k whether a quadratic function has no real zeros?
Pierce Furnishings generated $2.0 million in sales during 2004, and its year-end total assets were $1.5 million. Also, at year-end 2004, current liabilities were $500,000, consisting of $200,000 of...
Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, and ships them to its chain of retail stores. Upton's balance sheet as of December 31, 2004,...
Stevens Textile's 2004 financial statements are shown below. Stevens Textile: Balance Sheet as of December 31, 2004 (Thousands of Dollars) Suppose 2005 sales are projected to increase by 15 percent...
CASE 10: HEALTH AND SAFETY OF EMPLOYEE Ma and Pa's is a mid-sized restaurant located in Syrause, New York. It employs 35 servers who are responsible for waiting tables. One server, George, has been a...
Hilton Worldwide Holdings, Inc. (formerly known as Hilton Hotels) holds a portfolio of more than 15 separate brands strategically positioned to serve specific markets. Some of these brands include...
Explain the differences between defined contribution and defined benefits plans, also include their benefits and shortfalls

The predetermined overhead rate is $50 per machine-hour, underapplied overhead is $5,000, and the actual amount of

Question:

Step by Step Answer:

Choice a The amount of overhead applied to ...View the full answer

ISE Introduction To Managerial Accounting

Students also viewed these Business questions