Question: pls answer thank you so much! 32. a) Hardwork Comp. Hardwork Comp. uses the direct method in distributing the costs of its two service departments.

pls answer thank you so much!

32. a) Hardwork Comp. Hardwork Comp. uses the direct method in distributing the costs of its two service departments. S1 and S2. to its two producing departments. P1 and P2. S1 is distributed on the basis of number of employees. S2 is distributed on the basis of machine hours. departmental overhead rates are based on machine hours in P1 and direct labor hours in P2. The following budget data are available: $1 52 P1 P2 Budgeted overhead P10,000 P34,750 P208,000 P300,000 Number of employees 15 10 10 180 210 Machine hours 4,000 3,000 Direct labor hours 5,000 10,000 Refer to Hardwork Comp., what is the predetermined OH rate for P1? (round off answer to two decimal places) b) Refer to Hardwork Comp.. what is the predetermined OH rate for P2? (round off answer to two decimal places) Answer: Answer: c) Refer to Hardawok Comp., if the firm decides to change to a plantwide rate based on direct labor hours, what will the rate be? (round off answer to two decimal places) Answer:

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!

Good Afternoon! Could you please help explain this derivatives finance question to me? Thanks! Using a one-period binomial model where So = 45, Su = 49.5, Sd = 40.5, =0.8, r = 0.06, X = 50, then the...

The Nickey Company uses the step method in distributing the costs of its two service departments, SI and S2, to its two producing departments, PI and P2. SI is distributed first on the basis of...

Bristol Company uses the direct method in distributing service department costs to producing departments. Costs of Department SI are distributed on the basis of number of employees, while costs of...

Use trigonometry/parallelogram law to determine the resultant force (magnitude and direction from the positive x-axis) of the two forces. Lunits units 30 Problem 1/2 27 units

The Home Depot is the leading retailer in the home improvement industry and one of the 10largest retailers in the United States. The company included the following on its January 29, 2012, balance...

Refreshing Salons adjusted trial balance follows. Prepare Refreshing Salons income statement for the year ended December 31, 2024. REFRESHING SALON Adjusted Trial Balance December 31, 2024 Account...

Under what circumstances would you expect parent training versus direct clinical intervention to be more successful in reducing a childs behavior problems?

Furnishings manufactures upscale custom furniture. Isaacsons currently uses a plantwide overhead rate based on direct labor hours to allocate its $ 1,450,000 of manufacturing overhead to individual...

ue Saved On January 1, 2021, Rapid Airlines issued $275 million of its 10% bonds for $254 million. The bonds were priced to yield 12%. Interest is payable semiannually on June 30 and December 31....

I would need help with whole question 3) 3) Consider country M, which has 100 units of landX, and 100 units of labor L. It produces output under the production function Y=AX\"L'6. 21) b) d) Suppose...

Develop an M-file to solve a single ODE with the fourth-order RK method. Design the M-file so that it creates a plot of the results. Test your program by using it to solve Prob. 22.2. Employ a step...

If the row variable and column variable are interchanged, how are the expected frequencies affected? Is the value of the chi-square statistic affected? Is the number of degrees of freedom affected?

The position of a person pacing in a hall is given by the $x(t)$ curve in Figure P3.6. During which time interval(s) is the acceleration (a) positive (b) negative? (c) Is the acceleration ever zero...

For the circuit shown in Fig. 12-47, (a) Obtain the voltage transfer function Hu(w) (b) Find the frequency at which the function is real. + V ww R R Fig. 12-47 F V

Write the phasor equation for the single-loop, coupled circuit shown in Fig. 14-38. j5 . | 1 k = 0.65 10 0 50/0 V j3 K -j8 .

core Shatin intihas 10 million shares, an equity cost of capital of 13% and is expected to pay a total dividend of $20 million each year forever. It announces that it will increase its payout to...

Differentiate the following terms/concepts: a. Personality types and money attitudes b. Planners and avoiders c. Moderating and adapting to biases d. "Perfectible judges" and "incorrigible judges"

2. Television is a refuge for people who are already unhappy. TV is not judgmental nor difficult, so people with few social skills or resources for other activities can engage in it. Furthermore,...

1. As a class, develop a plan for collecting the data. How will subjects be recruited? How will they be assigned to one of the two treatment groups (unaltered color, altered color)? What extraneous...

12.34 Using data from a national survey, the authors of the paper What Do Happy People Do? (Social Indicators Research [2008]: 565571) concluded that there was convincing evidence of an association...