The following production estimates were made for the coming year: Total quilts to be produced 5 A. 20,000 7. 2,000 Total manufacturing hours available per laborer Total direct laborers 8 3 19 20 The following cost estimates were available at the beginning of the year. Use these estimates to determine total estimated manufacturing overhead during the year: 21 22 Amount Estimate for Year 23 #N/A Production supervisor's salary per week (use 52 weeks in a year) Monthly rent 24 1,000 24 #N/A 643 25 #N/A 643 26 Utilities expense per quarter #N/A Cost per pencil (useful life of each pencil is 20 hours) Cost per scissors (useful life of each pair of scissors is 80 hours) 27 #N/A 119 28 #N/A 62 29 Cost per ruler (usefule life of each ruler is 50 hours) #N/A 0.62 Cost of glue (per quilt) Total Estimated Manufacturing Overhead 30 #N/A 31 32 33 в. Calculate the Predetermined Overhead (PDOH) rate using direct labor hours (DLH) as the cost driver during the year to allocate manufacturing Instructions A M4 Project + Ready
The following production estimates were made for the coming year: Total quilts to be produced 5 A. 20,000 7. 2,000 Total manufacturing hours available per laborer Total direct laborers 8 3 19 20 The following cost estimates were available at the beginning of the year. Use these estimates to determine total estimated manufacturing overhead during the year: 21 22 Amount Estimate for Year 23 #N/A Production supervisor's salary per week (use 52 weeks in a year) Monthly rent 24 1,000 24 #N/A 643 25 #N/A 643 26 Utilities expense per quarter #N/A Cost per pencil (useful life of each pencil is 20 hours) Cost per scissors (useful life of each pair of scissors is 80 hours) 27 #N/A 119 28 #N/A 62 29 Cost per ruler (usefule life of each ruler is 50 hours) #N/A 0.62 Cost of glue (per quilt) Total Estimated Manufacturing Overhead 30 #N/A 31 32 33 в. Calculate the Predetermined Overhead (PDOH) rate using direct labor hours (DLH) as the cost driver during the year to allocate manufacturing Instructions A M4 Project + Ready
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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