Corp applies O/H at a budgeted indirect-cost rate of $12 per DLH. The following data apply to

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

Question:

Corp applies O/H at a budgeted indirect-cost rate of $12 per DLH. The following data apply to 2014

Direct materials $1.400

Direct labor (400 hours worked @ $10/hour) 4,000

Indirect factory labor 1,300

Factory (plant) rent 3,000

Depreciation on plant machinery and equipment 2,250

Sales commissions 2, 400

How much the amount of actual O/H incurred during 2014 (in $)?

Related Book For answer-question

Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

See More Books

Posted Date: May 17, 2023 07:58 AM

See More Questions

Repeat Prob. 38 using singularity functions exclusively (including reactions). Repeat Prob. 38, For the beam shown, find the reactions at the supports and plot the shear-force and bending-moment...
The Fancy Flier Airplane Corporation has a central materials laboratory. The laboratory has only two users, the Large Plane Department and the Small Plane Department. The following data apply to the...
The following data apply to items (a) through (g): Required Answer the following multiple-choice questions: a. The acid-test ratio for 2009 is 1. 1.1-to-1. 2. 0.9-to-1. 3. 1.8-to-1. 4. 0.2-to-1. 5....
A nutritionist at the Food and Drug Administration is studying the effects of cereal marketing on family meal choices. In particular, she would like to understand how cereal manufacturers market...
A fuel gas containing 85.0 mole% methane and the balance ethane is burned completely with pure oxygen at 25C and the products are brought back down to 25C. (a) Suppose the reactor is continuous. Take...
Required: a. Prepare a walk-through worksheet for E-8, where the auditors walk through the documentation only. b. Prepare a walk-through worksheet for E-8, where the auditors actually perform the...
On March 1, 2007, Educators Credit Union (ECU) issued 6\%, 20-year bonds payable with maturity value of $\$ 300,000$. The bonds pay interest on February 28 and August 31. ECU amortizes bond premium...
The following data were taken from the general ledgers and other data of Alpha Manufacturing, Inc., and Bravo Merchandising Co. on April 30 of the current year: Merchandise inventory, April 1 . . . ....
Question 2 [8] Suppose you take a short position in a three-month futures contract on 2 500 kilograms of Fine Wool at a futures price of 1 010 cents per kilogram. You are required to deposit R19 000...
Last August, Malcolm (who is single) moved out of his rented apartment in Toronto, Ontario, to move to Vancouver, British Columbia, where he now lives and works. Malcolm has two T4s, one from Ontario...
You are a marketing assistant for Auntie Ems Cookie Company, which makes and distributes packaged cookies through grocery stores. Your company recently ran a test market for a new brand of low-fat...
Does the principle of limited liability protect a director from criminal liability in the course of performing her duties?
Can a corporation be convicted of a criminal offence? How?
What are the shortcomings of the expectations theory?
What are restrictive covenants? Why do investors introduce restrictive covenants into bond contracts?
Distinguish between the profit distribution for common stockholders and for preferred stockholders.
You work for a large financial institution that in the past ten years has developed new products and services that appeal to a very diverse customer base located throughout the world. You have been...
A crop-dusting plane flies over a level field at a height of 25 ft. If the dust leaves the plane through a 30 angle and hits the ground after the plane travels 75 ft, how wide a strip is dusted? See...
When production capacity is limited and it is possible to obtain additional customer orders, a firm must consider its opportunity costs to evaluate the profitability of these new orders. Do you agree...
Researchers have defined two extreme forms of organizations. Organic organizations are highly decentralized with few rules. Most people agree that software development companies are very organic....
Ernies Electronics, Inc., delivered 1,000 custom-designed computer monitors to its customer, Video Shack. The following cost information was compiled in connection with this order: Direct Materials...
Consider a bivariate time series $\boldsymbol{z}_{t}$, where $z_{1 t}$ is the change in monthly U.S. treasury bills with maturity 3 months and $z_{2 t}$ is the inflation rate, in percentage, of...
Consider the growth rates, in percentages, of the quarterly real GDP of United Kingdom, Canada, and the United States used in the chapter. Fit a VAR(4) model to the series, simplify the model by...
Consider the U.S. quarterly gross private saving (GPSAVE) and gross private domestic investment (GPDI) from first quarter of 1947 to the third quarter of 2012. The data are from the Federal Reserve...

Corp applies O/H at a budgeted indirect-cost rate of $12 per DLH. The following data apply to

Question:

Expert Answer:

To determine the amount of actual overhead OH incurred du... View the full answer

Management Accounting Information for Decision-Making and Strategy Execution

Students also viewed these accounting questions