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

Question

Want to see the full answer?

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.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

What would be the total production engineering cost per unit

I want the correct answer with accounting question

Accounting

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

Want to see the full answer?

Check out a sample textbook solution

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

Want to see the full answer?

Check out a sample textbook solution

See solution

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

Want to see the full answer?

Check out a sample textbook solution

See solution

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

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 19

Ch. 4 - Define cost pool, cost tracing, cost allocation,...Ch. 4 - How does a job-costing system differ from a...Ch. 4 - Why might an advertising agency use job costing...Ch. 4 - Describe the seven steps in job costing.Ch. 4 - Give examples of two cost objects in companies...Ch. 4 - Describe three major source documents used in...Ch. 4 - What is the advantage of using computerized source...Ch. 4 - Give two reasons why most organizations use an...Ch. 4 - Distinguish between actual costing and normal...Ch. 4 - Describe two ways in which a house-construction...

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.

Want to see the full answer?

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.