am. 103. Current Attempt in ProgressTamarisk Company reports the following costs and expenses in May.Factory utilities$14,800Direct labor$66,480Depreciation on factory equipment12,120Sales salaries44,320Depreciation on delivery trucks3,840Property taxes on factory building2,400Indirect factory labor47,120Repairs to office equipment1,280Indirect materials77,440Factory repairs1,920Direct materials used132,480Advertising14,400Factory manager's salary8,000Office supplies used2,510From the information:(a)Your answer is incorrect.Determine the total amount of manufacturing overhead.Manufacturing overhead$

Step 1: Costs related to the production but can not be directly traceable to each unit are treated…

Answered: Current Attempt in Progress Tamarisk…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 4BE: Applying factory overhead Bergan Company estimates that total factory overhead costs will be 620,000...

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Applying factory overhead Bergan Company estimates that total factory overhead costs will be 620,000 for the year. Direct labor hours are estimated to be 80,000. For Bergan Company, (A) determine the predetermined factory overhead rate using direct labor hours as the activity base, (B) determine the amount of factory overhead applied to Jobs 200 and 305 in May using the data on direct labor hours from BE 16-2, and (C) prepare the journal entry to apply factory overhead to both jobs in May according to the predetermined overhead rate.
The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include: Fixed costs (salaries, tools): 64,900 per year Variable costs (supplies): 1.35 per maintenance hour Estimated usage by: Actual usage by: Required: 1. Calculate a single charging rate for the Maintenance Department. 2. Use this rate to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year. 3. What if the Assembly Department used 4,000 maintenance hours in the year? How much would have been charged out to the three departments?
A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate given the following independent allocation bases? Budgeted direct labor hours: 60,000 Budgeted direct labor expense: $1,500,000 Estimated machine hours: 100,000
Cost Classification Loring Company incurred the following costs last year: Required: 1. Classify each of the costs using the following table format. Be sure to total the amounts in each column. Example: Direct materials, 216,000. 2. What was the total product cost for last year? 3. What was the total period cost for last year? 4. If 30,000 units were produced last year, what was the unit product cost?
Current Attempt in Progress Tamarisk Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary From the information: $14,800 12,120 3,840 47,120 77,440 132,480 8,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used $66,480 44,320 2,400 1,280 1,920 14,400 2,510
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Carmen Company reports the following costs and expenses in March.Factory utilities $ 18,600Direct labor 98,100Depreciation on factory equipment 14,445Sales salaries 46,400 Property taxes on factory building 2,500Depreciation on delivery trucks 9,600Indirect factory labor 48,900Repairs to office equipment 2,300Indirect materials 80,800 Factory repairs 2,000Direct materials used 137,600Advertising 18,000Factory manager’s salary 13,000 Office supplies used 5,370Instructions: From the information, determine the total amount of:(a) Manufacturing overhead.(b) Product costs.(c) Period costs.
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Metlock Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary From the information $13,300 10.870 3,340 Manufacturing overhead 42,120 69,440 118,480 7,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Determine the total amount of manufacturing overhead.. $59,480 39,820 2.150 1,130 1,720 12.900 2,260 su
Skysong Company reports the following costs and expenses in May. Factory utilities $14,200 Direct labor $63,680 Depreciation on factory equipment 11,620 Sales salaries 42,520 Depreciation on delivery trucks 3,640 Property taxes on factory building 2,300 Indirect factory labor 45,120 Repairs to office equipment 1,220 Indirect materials 74,240 Factory repairs 1,840 Direct materials used 126,880 Advertising 13,800 Factory manager’s salary 7,600 Office supplies used 2,410 Determine the total amount of manufacturing overhead. Manufacturing overhead $enter the manufacturing overhead in dollars Determine the total amount of product costs. Product costs $enter the product costs in dollars
Skysong Company reports the following costs and expenses in May. Factory utilities $14,200 Direct labor $63,680 Depreciation on factory equipment 11,620 Sales salaries 42,520 Depreciation on delivery trucks 3,640 Property taxes on factory building 2,300 Indirect factory labor 45,120 Repairs to office equipment 1,220 Indirect materials 74,240 Factory repairs 1,840 Direct materials used 126,880 Advertising 13,800 Factory manager’s salary 7,600 Office supplies used 2,410 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead $enter the manufacturing overhead in dollars Determine the total amount of product costs. Product costs $enter the product costs in dollars

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