A4 please help...... Hypercraft has two production departments, Cutting and Sewing. The Cutting department applies costs based on direct labor hourswhile the Sewing department applies costs based on machine hours. Hypercraft had the following cost information for October.Estimated overheadDirect labor hoursCutting$ 54,000Sewing$ 64,600950301702,400Machine hoursHypercraft received and completed order #225 in October, which had the following information:Direct materials:Direct labor:Cutting department direct labor hours:$ 6,000$ 15,500200 hours20 hoursSewing department machine hours:Hypercraft uses a normal costing system. What is the cost of order #225?

The first step in calculating the cost of order #225 is to determine the overhead rate for each…

Answered: Hypercraft has two production…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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ne File Edit View History Bookmarks Profiles Tab Window Help M Inbox (2 x MACC101 x (4726) || X Account x| Account X WiConnec× M Question X Content c ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%2 Chapter 7 Quiz i 7 7.58 points Ask Mc Graw Hill Saved QS 7-13 (Algo) Indicating journals used for posting LO P1, P2, P3, P4 The following T-accounts show postings of selected transactions. Indicate the journal used in recording each of these postings a through e. Cash Accounts Receivable Inventory Debit (d) 700 Credit (e) Debit 340 (b) 1,700 Credit (d) Debit Credit 700 (a) 1,520 (c) 1,040 Accounts Payable Sales Debit (e) 340 Credit (a) Debit 1,520 Credit (b) Cost of Goods Sold Credit Debit 1,700 (c) 1,040 Transaction a. b. C. d. e. Journal 12.020 ANE 18 tv A
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