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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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25
X v fx
B.
D
K
M
A
MANUFACTURING SIMULATION:
EMPLOYEES: (one each)
WVU Bookstore Special Order (Actual results)
Supervisor
Sheets of material used:
Number of quilts made:
15
7.
Measurer
(uses the pencil and ruler)
White:
16
Cutter
(uses the scissors)
Yellow:
24
9.
Assembler
(uses the glue)
Blue:
29
10
11
12
13
14
15
16 A.
The following production estimates were made for the coming year:
Total quilts to be produced
Total manufacturing hours available per laborer
Total direct laborers
17
20,000
18
2,000
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
23
Amount
Estimate for Year
Production supervisor's salary per week (use 52 weeks in a year)
Monthly rent
Utilities expense per quarter
Cost per pencil (useful life of each pencil is 20 hours)
Cost per scissors (useful life of each pair of scissors is 80 hours)
24
1,000
#N/A
25
643
#N/A
26
643
#N/A
27
#N/A
28
119
#N/A
29
Cost per ruler (usefule life of each ruler is 50 hours)
62
#N/A
30
Cost of glue (per quilt)
0.62
#N/A
31
Total Estimated Manufacturing Overhead
#N/A
32
33 в.
Calculate the Predetermined Overhead (PDOH) rate using direct labor hours (DLH) as the cost driver during the year to allocate manufacturing
24
Instructions
A M4 Project
Ready
ON THIS DAV.
FEB
23
étv
Transcribed Image Text:25 X v fx B. D K M A MANUFACTURING SIMULATION: EMPLOYEES: (one each) WVU Bookstore Special Order (Actual results) Supervisor Sheets of material used: Number of quilts made: 15 7. Measurer (uses the pencil and ruler) White: 16 Cutter (uses the scissors) Yellow: 24 9. Assembler (uses the glue) Blue: 29 10 11 12 13 14 15 16 A. The following production estimates were made for the coming year: Total quilts to be produced Total manufacturing hours available per laborer Total direct laborers 17 20,000 18 2,000 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 23 Amount Estimate for Year Production supervisor's salary per week (use 52 weeks in a year) Monthly rent Utilities expense per quarter Cost per pencil (useful life of each pencil is 20 hours) Cost per scissors (useful life of each pair of scissors is 80 hours) 24 1,000 #N/A 25 643 #N/A 26 643 #N/A 27 #N/A 28 119 #N/A 29 Cost per ruler (usefule life of each ruler is 50 hours) 62 #N/A 30 Cost of glue (per quilt) 0.62 #N/A 31 Total Estimated Manufacturing Overhead #N/A 32 33 в. Calculate the Predetermined Overhead (PDOH) rate using direct labor hours (DLH) as the cost driver during the year to allocate manufacturing 24 Instructions A M4 Project Ready ON THIS DAV. FEB 23 étv
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