Question: Thomlin Company forecasts that total overhead for the current year will be $11,188,000 with 174,000 total machine hours. Year to date, the actual overhead

Thomlin Company forecasts that total overhead for the current year will be

Thomlin Company forecasts that total overhead for the current year will be $11,188,000 with 174,000 total machine hours. Year to date, the actual overhead is $7,971,000 and the actual machine hours are 89,000 hours. The predetermined overhead rate based on machine hours is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours. Ca. 5126 per machine bour b. 564 per machine b Cc 590 per machine h d. $46 per machine hour

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!

Delons Department Store sells several of its own brands of clothes and several well-known designer brands as well. Delons is considering building a plant in Malaysia to produce silk ties. The plant...

The Thomlin Company forecasts that total overhead for the current year will be $11, 668,000 with 152,000 total machine hours. Year to date, the actual overhead is $7, 996,000 and the actual machine...

Name: $40,000 555,000 Cost of Materials Used Direct Labor costs Factory Overhead Work in Process, beg. $28,000 Work in Process, end.$18,000 16. $32,000 What is Cost of Goods Manufactured? a. $173,000...

please solve problems and expand Materials were requisitioned to individual jobs as follows: Fabric Polyester Filling Lumber Glue Total Job 601 $33,600 $42,300 $113,200 $189,100 Job 602 25,900 46,000...

Calculator Thomlin Company forecasts that total overhead for the current year will be $11,079,000 with 169,000 total machine hours. Year to date, the actual overhead is $7,689,000 and the actual...

The Thomlin Company forecasts that total overhead for the current year will be $11,298,000 with 156,000 total machine hours. Year to date, the actual overhead is $7,722,000 and the actual machine...

1) The Thomlin Company forecasts that total overhead for the current year will be $11,455,000 with 150,000 total machine hours. Year to date, the actual overhead is $7,839,000 and the actual machine...

22 Discount Sales sells some used store fixtures. The acquisition cost of the fixtures is $12,500, the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold...

Thomlin Company forecasts that total overhead for the current year will be $11,320,000 with 198,000 total machine hours. Year to date, the actual overhead is $7,918,000 and the actual machine hours...

The Thomlin Company forecasts that total overhead for the current year will be $11,159,000 with 179,000 total machine hours. Year to date, the actual overhead is $7,556,000 and the actual machine...

Thomlin Company forecasts that total overhead for the current year will be $11,781,000 with 187,000 total machine hours. Year to date, the actual overhead is $5,681,600, and the actual machine hours...

Find the Taylor polynomial for h(x) = cos(x) with the base point a = 0. Use your result to find Find the Taylor polynomial of degree n and the Taylor series for the above function. Add up the given...

A firm has earnings per share of $2.60 at a sales level of $5 million. If the firm has a degree of operating leverage of 3.0 and a degree of financial leverage of 5.5 (both at a sales level of $5...

Minimizing waste Continually improving the process Maintaining respect Saving Money at all cost None of the above

Suppose we construct a histogram of the marks obtained by students. When the quiz is very difficult, the shape of the histogram will be Ou shaped Uniform Right skewed (positive skewed) Symmetric O...

Use the below information from the tables to work out the following missing entries, and then calculate the companys return on equity. Note: Turnover and the average collection period are calculated...

Write 5 qualities and 5 main historic events of each generation GENERATION CHART VETARANS BABY BOOMERS GENERATION X GENERATION Y GENERATION G Generation 1909 - 1945 1946 - 1964 1965 - 1980 1981 -...

Education is considered to enhance an individuals life chances according to some sociologists, while others think of this institution to be playing a role in maintaining social inequality. Discuss;...

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

Research has demonstrated strong gender differences in teenagers approaches to dealing with mental health issues (Chandra & Minkovitz, 2006). In a typical study, eighth-grade students are asked to...

Research indicates that people who volunteer to participate in research studies tend to have higher intelligence than nonvolunteers. To test this phenomenon, a researcher obtains a sample of 200...

Research results suggest that IQ scores for boys are more variable than IQ scores for girls (Arden & Plomin, 2006). A typical study looking at 10-year-old children classifies participants by gender...