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The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are $630,000, and estimated direct labor hours are 210,000. In June, the company incurred 18,200 direct labor hours. 1. 2. Compute the predetermined overhead allocation rate. Determine the amount of overhead allocated in June. The Coyle Shirt Company has refined its allocation system by separating manufacturing overhead costs into two cost pools-one for each department. (Click the icon to view the estimated costs and allocation data for each department.) 3. Compute the predetermined overhead allocation rates for each department. 4. Determine the total amount of overhead allocated in June. 1. Compute the predetermined overhead allocation rate. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate using a single plantwide rate with direct labor hours as the allocation base.. Actual overhead costs Actual qty of the allocation base used Estimated overhead costs Estimated qty of the allocation base Predetermined OH = allocation rate 1 More info The estimated costs for the Cutting Department are $141,600. They will be allocated based on direct labor hours, which are estimated to be 118,000 hours for the year. The estimated costs for the Sewing Department are $228,000. Those costs will be allocated based on machine hours, which are estimated to be 120,000 hours for the year. In June, the company incurred 11,000 direct labor hours in Cutting and 13,000 machine hours in Sewing. Print Done

The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are $630,000, and estimated direct labor hours are 210,000. In June, the company incurred 18,200 direct labor hours. 1. 2. Compute the predetermined overhead allocation rate. Determine the amount of overhead allocated in June. The Coyle Shirt Company has refined its allocation system by separating manufacturing overhead costs into two cost pools-one for each department. (Click the icon to view the estimated costs and allocation data for each department.) 3. Compute the predetermined overhead allocation rates for each department. 4. Determine the total amount of overhead allocated in June. 1. Compute the predetermined overhead allocation rate. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate using a single plantwide rate with direct labor hours as the allocation base.. Actual overhead costs Actual qty of the allocation base used Estimated overhead costs Estimated qty of the allocation base Predetermined OH = allocation rate 1 More info The estimated costs for the Cutting Department are $141,600. They will be allocated based on direct labor hours, which are estimated to be 118,000 hours for the year. The estimated costs for the Sewing Department are $228,000. Those costs will be allocated based on machine hours, which are estimated to be 120,000 hours for the year. In June, the company incurred 11,000 direct labor hours in Cutting and 13,000 machine hours in Sewing. Print Done

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4E: The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the...
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The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are $630,000, and estimated direct labor hours are 210,000. In June, the company incurred 18,200 direct labor hours. 1. 2. Compute the predetermined overhead allocation rate. Determine the amount of overhead allocated in June. The Coyle Shirt Company has refined its allocation system by separating manufacturing overhead costs into two cost pools-one for each department. (Click the icon to view the estimated costs and allocation data for each department.) 3. Compute the predetermined overhead allocation rates for each department. 4. Determine the total amount of overhead allocated in June. 1. Compute the predetermined overhead allocation rate. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate using a single plantwide rate with direct labor hours as the allocation base.. Actual overhead costs Actual qty of the allocation base used Estimated overhead costs Estimated qty of the allocation base Predetermined OH = allocation rate 1 More info The estimated costs for the Cutting Department are $141,600. They will be allocated based on direct labor hours, which are estimated to be 118,000 hours for the year. The estimated costs for the Sewing Department are $228,000. Those costs will be allocated based on machine hours, which are estimated to be 120,000 hours for the year. In June, the company incurred 11,000 direct labor hours in Cutting and 13,000 machine hours in Sewing. Print Done
Transcribed Image Text:The Coyle Shirt Company manufactures shirts in two departments: Cutting and Sewing. The company allocates manufacturing overhead using a single plantwide rate with direct labor hours as the allocation base. Estimated overhead costs for the year are $630,000, and estimated direct labor hours are 210,000. In June, the company incurred 18,200 direct labor hours. 1. 2. Compute the predetermined overhead allocation rate. Determine the amount of overhead allocated in June. The Coyle Shirt Company has refined its allocation system by separating manufacturing overhead costs into two cost pools-one for each department. (Click the icon to view the estimated costs and allocation data for each department.) 3. Compute the predetermined overhead allocation rates for each department. 4. Determine the total amount of overhead allocated in June. 1. Compute the predetermined overhead allocation rate. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate using a single plantwide rate with direct labor hours as the allocation base.. Actual overhead costs Actual qty of the allocation base used Estimated overhead costs Estimated qty of the allocation base Predetermined OH = allocation rate 1 More info The estimated costs for the Cutting Department are $141,600. They will be allocated based on direct labor hours, which are estimated to be 118,000 hours for the year. The estimated costs for the Sewing Department are $228,000. Those costs will be allocated based on machine hours, which are estimated to be 120,000 hours for the year. In June, the company incurred 11,000 direct labor hours in Cutting and 13,000 machine hours in Sewing. Print Done
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