Gonzalez, Inc. manufactures stereo speakers in two factories; one in Vandalia, Illinois and another in Merced,...
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Gonzalez, Inc. manufactures stereo speakers in two factories; one in Vandalia, Illinois and another in Merced, California. The Vandalia factory uses direct labor hours (DLHS) for its overhead rate and the Merced factory uses machine-hours (MHs) for its overhead rate. Information related to both plants for last year is presented below: Estimated manufacturing overhead. . Estimated amount of allocation base. Vandalia factory $4,125,000 (a). Merced factory $1,200,000 150,000 MHs $30 per DLH (b). $4,235,000 $4,200,000 Predetermined overhead rate... (d) 147,000 MHs $1,105,000 (e). Actual amount of allocation base... Actual manufacturing overhead. Applied manufacturing overhead.. Under or overapplied overhead (indicate the dollar amount and whether it is over or underapplied). (c) (f) Required: Fill in the lettered blanks above. SHOW YOUR CALCULATIONS BELOW (For partial credit)! Gonzalez, Inc. manufactures stereo speakers in two factories; one in Vandalia, Illinois and another in Merced, California. The Vandalia factory uses direct labor hours (DLHS) for its overhead rate and the Merced factory uses machine-hours (MHs) for its overhead rate. Information related to both plants for last year is presented below: Estimated manufacturing overhead. . Estimated amount of allocation base. Vandalia factory $4,125,000 (a). Merced factory $1,200,000 150,000 MHs $30 per DLH (b). $4,235,000 $4,200,000 Predetermined overhead rate... (d) 147,000 MHs $1,105,000 (e). Actual amount of allocation base... Actual manufacturing overhead. Applied manufacturing overhead.. Under or overapplied overhead (indicate the dollar amount and whether it is over or underapplied). (c) (f) Required: Fill in the lettered blanks above. SHOW YOUR CALCULATIONS BELOW (For partial credit)!
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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