Chapter 21, Problem 21.5BE

Sullivan Manufacturing estimates that overhead costs for the next year will be $3,200,000 for indirect labor and $480,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 160,000 machine hours are planned for the next year, what is the company's plantwide overhead rate?

Could you help me solve this financial accounting question using appropriate calculation techniques?

Can you solve this general accounting problem using accurate calculation methods?

Can you demonstrate the accurate method for solving this financial accounting question?

Can you solve this financial accounting question with the appropriate financial analysis techniques?

I need help solving this general accounting question with the proper methodology.

Gabbana Manufacturing estimated that machine hours for the year would be 30,000 hours and overhead (all fixed) would be $150,000. Gabbana applies its overhead on the basis of machine hours. During the year, all overhead costs were exactly as planned ($150,000). There was $12,000 in over-applied overhead. How many machine-hours were worked during the period? Help

Accurate answer

Maria's net income was $1,240, and her gross income was $1,750. What was the total amount of deductions? Provide answer