Question: i am confused eith these three questions. could someone please explain? Which of the following describes time tickets? a. make up the work in process

i am confused eith these three questions. could someone please explain?
i am confused eith these three questions. could someone please explain? Which
of the following describes time tickets? a. make up the work in
process subsidiary ledger b. serves as the basis for recording materials used

Which of the following describes time tickets? a. make up the work in process subsidiary ledger b. serves as the basis for recording materials used c. completed when materials that have been ordered are received and inspected 1. Serve as the basis for recording direct labor on a job cost sheet Kaumajet. Factory produces two products: table lamps and desk lamps. It has two separate departments: Fabrication and Assembly. The factory overhead budget for the Fabrication Department is $391,287, using 309,100 direct labor hours. The factory overhead budget for the Assembly Department is $650,366, using 85,600 direct labor hours. If a desk lamp requires 3 hour of fabrication and 6 hours of assembly, the total amount of factory overhead that Kaumajet factory will allocate to desk lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours if 10,500 units are produced is a. 578.855 X b. 5126.293 c. $249,395 d. $5:23,235 Ramapo Company produces two producte, Blinks and Dinks, They are manufactured in two departments, Fabrication and Assembly, Data for the products and departments are as follows: All of the machine hours take place in the Fabrication department, which has an estimated overbead of $111,300. All of the iabor hours take place in the Assembiy department, which has an estirtated total overhead of 585,100 . Ramapo Combany uses a single plantwide overhead rate to apply all factory oveitead costi. The single plantwide rate (rounded to the nearest cent), if it is based on mactine hours instesd of labor hours, is a. 16.77 per nachice hour b. 310.96 por michine loour c. 125:20 permachine boor d. 131.70 per machine haer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!