Hi expart Provide solution for this general accounting question Sana Rosa Furniture Company manufactures designer home furniture. SanaRosa uses a standard cost system. The direct labor, direct materials, and factoryoverhead standards for an unfinished dining room table are as follows:Direct labor:standard rate$16.00 per hrstandard time per unit 3.50 hrs.Direct materials (oak):standard price$11.50 per bd. ft.standard quantity17 bd. ft.Variable factory overhead:standard rateFixed factory overhead:standard rateDetermine the standard cost per dining room table.$2.80 per direct labor hr.$1.20 per direct labor hr.

Step 1: Define Standard CostThe standard cost of the product is the expected expense that will be…

Answered: Sana Rosa Furniture Company…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 2E

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Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units of Simple and 146,100 of Removable, and the overhead for each of its cost pools is as follows: It has also estimated the activities for each cost driver as follows: Â How much is the overhead allocated to each unit of Simple and Removable?
Designer Furniture Company manufactures designer home furniture. Designer Furniture uses a standard cost system. The direct labor, direct materials, and factory overhead standards for a finished dining room table are as follows: Line Item Description Classification Value Direct labor: standard rate $24.00 per hr. Direct labor: standard time per unit 3.50 hrs. Direct materials (oak): standard price $8.50 per bd. ft. Direct materials (oak): standard quantity 15 bd. ft. Variable factory overhead: standard rate $3.20 per direct labor hr. Fixed factory overhead: standard rate $0.80 per direct labor hr. a. Determine the standard cost per dining room table. Round to two decimal places.fill in the blank 1 of 1$ per table
1.
Standard Product Cost
Subject: accounting
Please provide answer the accounting question do fast
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Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs.
Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs.
Calculate the predetermined overhead allocation rate
1. Calculate the overhead rate based on the traditional overhead allocation method using direct labour hours as the base. 2. Calculate the total overhead applied to order no. 147 using the traditional overhead rate calculated in question 3.1 above. 3. Using activity based costing (ABC), calculate the overhead rate for the following activity: Purchasing. That is, what is the overhead rate per purchase order?

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