Hi I do not understand how you got 374701 for B300 manufacturing overhead and for another product too? please explain how you calculate it

Q: You are employed as a research and development manager for a production company. The chief ex-…

A: A cost appears to be an expenditure made in the manufacture or sale of a product, or in the…

Q: Which of the following statements related to job cost sheets is FALSE? a. None of the given answers…

A: A job cost sheet is a document prepared by the companies which uses job order costing system. It…

Q: An allocation base is all the following, EXCEPT: O a. cannot be direct labor cost O b. is determined…

A: Manufacturing overheads are the indirect expenses related to the production, that are necessary to…

Q: Depreciation of Machinery would not be an element of factory overhead? Select one: O a. True O b.…

A: Factory overheads consist of -  Factory expenses like factory rente,  Factory insurance  Energy cost…

Q: May be used with either a job order or a process costing system. Benefits: (1) More (1) product…

A: The field of accounting known as cost accounting is utilized by manufacturing organizations to…

Q: 1. Classify each of the following costs as a Manufacturing cost or a Nonmanufacturing cost. For each…

A: Expenses incurred during the production of an item are known as manufacturing expenses.  Expenses…

Q: In a job order cost system, a decrease to Manufacturing Overhead will be accompanied by an increase…

A: Factory overhead is the indirect cost incurred in the process of manufacturing. Therefore, it is…

Q: 7. Salary of travelling agents who distribute the finished goods 8. Varnish used for the finishing…

A: Costs are the expenses which are incurred for the manufacturing of goods in a manufacturing unit.…

Q: For each of the following independent cases (1 to 4), compute the missing values. (Enter all amounts…

A: 1. Direct material used = Beginning raw material + raw material purchases + indirect material…

Q: Benton Corporation manufactures computer microphones, which come in two models: Standard and…

A: The traditional costing method, also known as the current costing system, allocates total overheads…

Q: LO 8.4Before automation became more prevalent, overhead was often calculated and allocated as a…

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: Which of the following is not a reason to allocate overhead? Some overhead costs are seasonal and…

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: A plantwide overhead rate based on direct labor hours is O never O sometimes O always appropriate.

A: Answer:- Overhead meaning:- The term "overhead" describes continuing business costs that are not…

Q: The answer has incorrect solutions. There is the right soloution on Bartleby: PROBLEM 4B-6 Step-Down…

A: Step Method Allocation:Allocate Factory Administration Costs based on Total Labour-Hours:Factory…

Q: 15) Equivalent units of production are used in process accounting to a) Measure the efficiency of…

A: Under process costing, equivalent units can be found out in two methods namely FIFO and Weighted…

Q: I need help solving this problem. The picture attached is the information which was given. I copy…

A: Income Statement: It includes the total cost incurred by the business and revenue earned by the…

Q: page 1076 question 2: Which type of manufacturing cost (direct materials, direct labor, variable…

A: Under variable costing, fixed factory overhead is considered as a period cost and deducted a full…

Q: line i When the manufacturing overhead costs applied in a period exceeds the actual manufacturing…

A: Yes, that's correct. In accounting, manufacturing overhead refers to the indirect costs incurred…

Q: 1. Calculate the activity rate for each activity pool. 2. Determine the amount of overhead assigned…

A: Calculation of the Activity Rate         Activity Rate=Cost     Total Activity       Material…

Q: Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of uses a…

A: The activity rate is calculated as estimated activity cost divided by estimated usage for the…

Q: Magle Company manufactures two video game consoies handheld and home. The handheld consoles are…

A: Overheads are those indirect costs which can not be allocated directly. Activity based costing…

Q: Which one of the following is correct regarding the predetermined overhead rate? O a. The…

A: Predetermined overhead rate is that rate of allocation which is applied to estimate cost of…

Q: Ma1. Please classify as true or false and comment the following sentence: “The costs of the…

A: Manufacturing costs refer to the expenses incurred during in the production of a product. Some of…

Q: - 6 units. Nor

A: Calculation of wages of workers as per Merrick's Differential Piece rate system Normal piece rate =…

Q: Manufacturing Overhead costs have been over applied. This means that the Manufacturing Overhead…

A: Manufacturing overhead (otherwise called processing plant overhead, industrial facility trouble,…

Q: Which one of the following is not correct regarding the predetermined ?overhead rate .None of the…

A: The rate of predetermined overhead is used to apply the estimated manufacturing to various cost…

Q: Kindly answer the two question. NO EXPLANATION NEEDED. Thankyou 1. Choose the right answer. No 1.…

A: Answer:-  costing system meaning:- A costing system is made to keep track of a company's expenses.…

Q: What costs associated with a job are allocated to manufacturing overhead. I always get this question…

A: MANUFACTURING COST : MANUFACTURING COSTS REFER TO THOSE ARE SPENT TO TRANSFORM MATERIALS INTO…

Q: Want Answer of the following questions

A: 1. The plant manager's salary is an example of a: d. Organization-sustaining activity…

Q: E4-7 (Algo) Calculating Traditional Overhead Rates, Assigning Costs [LO 4-1] Bluefield Corp. has two…

A: The overhead costs include all the indirect costs incurred for the production. The overhead is…

Q: PB2-7 (Static) Selecting an Allocation Base and Analyzing Manufacturing Overhead [LO 2-3, 2-5]…

A: Predetermined Overhead Rate :— It is the rate used to allocate manufacturing overhead cost to cost…

Q: Most companies using a process costing systems have to calculate more than one EUP. Why? How many do…

A: Equivalents units for production (EUP): Equivalents units are a measure of the work done during an…

Q: Activity-Based Costing Steampunk Corporation has the following predicted indirect costs and cost…

A: Under activity-based costing method, the cost is allocated to each activity based on its…

Q: 5. The MTN Company has assembled the following data pertaining to certain costs which cannot be…

A: a. Variable cost per hour = (Highest activity cost - Lowest activity cost) / (Highest activity units…

Q: ‘Process costing is a term used in cost accounting to describe one method for collecting and…

A: Process Costing:   Process costing is a method of cost accounting, which is used when the production…

Q: Assigning manufacturing overhead to a specific job is complicated by all of the following except:

A: Assigning manufacturing overhead to a specific job is complicated by all of the factors listed in…

Q: requisition is an order to issue items from the storeroom at the specified date. A True B False

A: A purchase requisition is an internal document created by the employee to request the purchasing of…

Q: 1.Orange County Chrome Company manufactures three chrome-plated products-automobile bumpers, valve…

A: Overhead is the amount of money incurred by the entity on the production of the goods. This cost is…

Q: Thank you for the help, I have two follow up questions regarding this,  -First question is 3.…

A: The total cost of producing a product, including raw materials and operating costs, is detailed in a…

Q: Why are some manufacturing firms switching from direct-labor hours to machine hours or throughput…

A: Direct labor: Direct labor includes the wages of the employees who are directly involved in…

Q: Hello, I need help with this question. The work I did was Rims: Direct materials: 17 Direct Labor:…

A: Unit product cost represents the total cost of producing one or a single unit. Calculation of unit…

Q: Q6) Manufacturing overhead costs are easy to trace and can be ignored while calculating total costs.…

A: Manufacturing Overhead cost includes all indirect costs which are incurred for manufacturing the…

Q: 7 89 8 9 10 11 12 11 ~ 3 13 14 15 45678 WWWNNNNNNNNNNH1T1T 16 17 18 19 20 21 A 22 23456 23 24 25 26…

A: Cost of goods sold refers to cost directly related to producing goods. It does not include indirect…