The budgeted manufacturing overhead rate. Given information: 2014, Budgeted manufacturing overhead cost is $4,800,000. Budgeted machine hour is $80,000.

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Answer 1

Question

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

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Answer 2

Question

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

Expert Solution & Answer

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See solution

Answer 3

Question

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

Expert Solution & Answer

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Answer 4

Question

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

Expert Solution & Answer

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Answer 5

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

Answer 6

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

Answer 7

Chapter 4, Problem 4.34P

1.

To determine

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.

Answer 8

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

Answer 9

2.a

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

Answer 10

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

Answer 11

b.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

Answer 12

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

Answer 13

c.

To determine

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

Answer 14

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

Answer 15

3.

To determine

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

Answer 16

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Answer 17

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Answer 18

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Answer 19

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The budgeted manufacturing overhead rate. Given information: 2014, Budgeted manufacturing overhead cost is $4,800,000. Budgeted machine hour is $80,000.

To compute: The budgeted manufacturing overhead rate. Given information: 2014, Budgeted manufacturing overhead cost is $4,800,000. Budgeted machine hour is $80,000.

To compute: The under or over allocated manufacturing overhead of Z dispose off by write off to cost of goods sold method.

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on ending balance.

To compute: The under or over allocated manufacturing overhead of Z dispose off by proration based on overhead allocated in 2014.

To explain: The method applies by company to dispose the under allocated manufacturing overhead among the above three options.

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Chapter 4 Solutions

To compute: The budgeted manufacturing overhead rate.

Given information:

2014,

Budgeted manufacturing overhead cost is $4,800,000.

Budgeted machine hour is $80,000.