Machine hour rate means all indirect expenses ( overhead ) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate. Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory. To discuss: ‘Finishing’ department’s overhead rate using machine hours.

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Answer 1

Question

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

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A company sells a product for $25 per unit. The variable cost per unit is $15, and the total fixed costs are $50,000. a) How many units must the company sell to break even? b) If the company wants a profit of $10,000, how many units must it sell?

Answer 2

Question

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 5

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

Answer 6

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

Answer 7

Chapter 4, Problem 12QS

To determine

Machine hour rate means all indirect expenses (overhead) must be distributed for the total machine hour. It can be calculated by dividend manufacturing overhead costs by the total machine hour rate.

Indirect cost means the type of costs which is used in the production indirectly like depreciation and rent for factory.

To discuss:

‘Finishing’ department’s overhead rate using machine hours.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 4 - Prob. 1MCQ Ch. 4 - Prob. 2MCQ Ch. 4 - All of the following are examples of batch-level...Ch. 4 - Prob. 4MCQ Ch. 4 - Prob. 5MCQ Ch. 4 - Why are overhead costs allocated to products and...Ch. 4 - What are three common methods of assigning...Ch. 4 - Why are direct labor hours and machine hours...Ch. 4 - What are the advantages of using a single plant...Ch. 4 - The usefulness of a single plant wide overhead...

Solution Summary: The author explains that machine hour rate is calculated by dividend manufacturing overhead costs by the total machine hours rate, and indirect costs like depreciation and rent for factory.

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