If factory overhead is to be applied based on direct labor costs, the predetermined overhead rate is choices196%198.88%P14.92P15.65 The following budget data are available for NUBD Company.Estimated direct labor hours12,000P 90,000P179,00011,500P92,000P180,000Estimated direct labor costEstimated factory overhead costsAdual direct labor hoursAdual direct labor costsAdual factory overhead costs

Factory overhead means all indirect costs and all indirect expenses related to production and…

Answered: If factory overhead is to be applied…

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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Ayala Inc. has conducted the following analysis related to its product lines, using a traditional costing system (volume-based) and an activity-based costing system. Both the traditional and the activity-based costing systems include direct materials and direct labor costs. Products Product 540X Product 137Y Product 2495 Sales Revenue $208,000 155,000 92.000 Total Costs Traditional $54,000 48,000 23.000 ABC $49,000 30,000 46,000
What formula do we use in accounting to determine estimated total manufacturing overhead (MOH)? Group of answer choices Y= mX +b Y = a + bX (Estimated Total MOH/(Estimated Total Cost Driver) (Actual Total MOH)/(Actual Total Cost Driver) (Estimated Total MOHV(Actual Total Cost Driver)
what will be the per unit cost?
3:8
An overhead absorption rate based on direct labour cost is known as the: A. Direct labour hour rate B. Direct labour cost percentage rate C. Direct labour mix rate D. Direct labour optimum rate Reset Selection
Prime cost consists of: Select one: O A. Direct labour B. O C. Factory overheads O D. a) and c) above Direct materials and direct labour
Total Labour Cost is 315000 OMR. Total labour Fixed cost is 50000 OMR. Calculate Total labour Variable cost Select one: a. 105000 OMR O b. 265000 OMR O c. 50000 OMR O d. 165000 OMR
Only typing answer Please explain step by step without table and graph
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Single Plantwide Rate and Activity-Based Costing Whirlpool Corporation (WHR) conducted an activity-based costing study of its Evansville, Indiana, plant in order to identify its most profitable products. Assume that we select three representative refrigerators (out of 333): one low-, one medium-, and one high-volume refrigerator. Additionally, we assume the following activity-base information for each of the three refrigerators: Three Representative Number of Machine Number of Number of Sales Number of Refrigerators Hours Setups Orders Units Refrigerator-Low Volume 24 14 38 160 Refrigerator-Medium Volume 225 13 88 1,500 Refrigerator-High Volume 900 120 6,000 Prior to conducting the study, the factory overhead allocation was based on a single machine hour rate. The machine hour rate was $200 per hour. After conducting the activity-based costing study, assume that three activities were used to allocate the factory overhead. The new activity rate information is assumed to be as follows:…

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If factory overhead is to be applied based on direct labor costs, the predetermined overhead rate is choices 196% 198.88% P14.92 P15.65