Compute for the Factory overhead rate of Department G if the company uses the direct method and the producing departments using the following bases: Department H, 100,000 direct labor hours; and Department G, 195,000 direct labor hours. The Madalilangto Ink Company prepared the following table for the year 2019:ProductionService DepartmentsDepartmentsGU14,50030,0007,000100,0007,0007,5006,00097,50060,000Rent250,000100,000350,000157,50061,000770,000120,50015,00023,0009,500145,000RepairsFuel420,000Indirect Labor170,00056,500Indirect127,00094,500MaterialsHeat and LightDepreciationMiscellaneousFollowing is the result of the factory survey regarding service departments:[A] Department U services G, V, and W in the ratio of 2:1:1, respectively;[B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respectively;[C] Department W services Department H and G in the ratio of 3:1, respectively.202,50094,00060,000151,20071,30050,5009,0003,0006,0001,5007,5002,000500500500

Name: Compute for the Factory overhead rate of Department G if the company u
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Description: Compute for the Factory overhead rate of Department G if the company uses the direct method and the producing departments using the following bases: Department H, 100,000 direct labor hours; and Department G, 195,000 direct labor hours. The Madalilan

Overheads are indirectly related to the product they are indirect cost which needs to be allocated…

Business

Accounting

Production Service Departments Departments H V 250,000 100,000 350,000 157,500 61,000 770,000 120,500 420,000 170,000 14,500 30,000 7,000 100,000 94,500 7,000 7,500 6,000 97,500 60,000 Rent 15,000 23,000 9,500 145,000 127,000 Repairs Fuel Indirect Labor Indirect 56,500 Materials Heat and Light Depreciation Miscellaneous Following is the result of the factory survey regarding service departments: [A] Department U services G, V, and W in the ratio of 2:1:1, respectively; [B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respectively; [C] Department W services Department H and G in the ratio of 3:1, respectively. 202,500 94,000 60,000 151,200 71,300 50,500 9,000 3,000 6,000 1,500 7,500 2,000 500 500 500

Production Service Departments Departments H V 250,000 100,000 350,000 157,500 61,000 770,000 120,500 420,000 170,000 14,500 30,000 7,000 100,000 94,500 7,000 7,500 6,000 97,500 60,000 Rent 15,000 23,000 9,500 145,000 127,000 Repairs Fuel Indirect Labor Indirect 56,500 Materials Heat and Light Depreciation Miscellaneous Following is the result of the factory survey regarding service departments: [A] Department U services G, V, and W in the ratio of 2:1:1, respectively; [B] Department V services Department H, G, U, and W in the ratio of 4:3:2:1, respectively; [C] Department W services Department H and G in the ratio of 3:1, respectively. 202,500 94,000 60,000 151,200 71,300 50,500 9,000 3,000 6,000 1,500 7,500 2,000 500 500 500

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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