Helpppp me Plz quickly Question 3:Sur Manufacturing is a small manufacturer that uses machine-hours as its activity base for assigned overhead costs to jobs.The company estimated the following amounts for 2015 for thecompany and for Job 50:CompanyDirect materialsJob 50OMR 60,000OMR 4,000OMR 2,500Direct laborOMR 25,000Manufacturing overhead costs90,000OMR 72,0001,350Machine hoursDuring 2015, the actual machine-hours totaled 94,000, andactual overhead costs were OMR 71,000.Instructions(a) Compute the predetermined overhead rate.(b) Compute the manufacturing overhead applied.(e) Compute the total manufacturing costs for Job 50.

Pre-determined overhead allocate rate: It the rate of allocating the expected overheads to the…

Question 3: Sur Manufacturing is a small manufacturer that uses machine- hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts for 2015 for the company and for Job 50: Company Direct materials Job 50 OMR 60,000 OMR 25,000 OMR 4,000 OMR 2,500 Direct labor Manufacturing overhead costs Machine hours OMR 72,000 90,000 1,350 During 2015, the actual machine-hours totaled 94,000, and actual overhead costs were OMR 71,000. Instructions (a) Compute the predetermined overhead rate. (b) Compute the manufacturing overhead applied. (e) Compute the total manufacturing costs for Job 50.

Question 3: Sur Manufacturing is a small manufacturer that uses machine- hours as its activity base for assigned overhead costs to jobs. The company estimated the following amounts for 2015 for the company and for Job 50: Company Direct materials Job 50 OMR 60,000 OMR 25,000 OMR 4,000 OMR 2,500 Direct labor Manufacturing overhead costs Machine hours OMR 72,000 90,000 1,350 During 2015, the actual machine-hours totaled 94,000, and actual overhead costs were OMR 71,000. Instructions (a) Compute the predetermined overhead rate. (b) Compute the manufacturing overhead applied. (e) Compute the total manufacturing costs for Job 50.

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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