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3 years ago

What is the SAT?

Business

1 answer:

anyanavicka [17]3 years ago

8 0

Answer:

an exam to get into college

An SAT is a 160 question test that is taken in high school by seniors to have chances to get into college. You will also have a chance to take the ACT for higher colleges.

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after two or more people answer there will be a crown next to the report button

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3 years ago

mr_godi [17]

Complete Question:

S4-2 (similar to) Question Help. Sally's Furniture uses departmental overhead rates (rather than a plantwide overhead rate) to allocate its manufacturing overhead to jobs. The company's two production departments have the following departmental overhead rates: Cutting Department: $8 per machine hour Finishing Department: $14 per direct labor hour Job 112112 used the following direct labor hours and machine hours in the two manufacturing departments:

Resources used for Job 112112

Cutting Finishing

Direct Labor Hours 6 10

Machine Hours 6 7

Requirements:

1. How much manufacturing overhead should be allocated to Job 112112?

2. Assume that direct labor is paid at a rate of $23 per hour and Job 112112 used $2,400 of direct materials. What was the total manufacturing cost of Job 112112? 1. How much manufacturing overhead should be allocated to Job 112112? Calculate the total manufacturing overhead for the job by using a formula for each department's overhead amount and then adding both amounts together. First determine the formula and overhead for the Cutting Department.

Answer:

Sally's Furniture

1. Manufacturing overhead allocated to Job 112112:

Cutting department = Machine hour rate x machine hours

= $8 x 6 = $48

Finishing department = Direct labor hour rate x direct labor hours

= $14 x 10 = $140

Total manufacturing overhead = $188 ($48 + 140)

2. Total manufacturing cost of Job 112112:

Direct materials = $2,400

Direct labor = 368 (16 x $23)

Overhead = 188

Total cost = $2,956

Explanation:

a) Data:

Departmental overhead rates:

Cutting Department: $8 per machine hour

Finishing Department: $14 per direct labor hour

b) Job Costing is a costing method that allocates the costs of resources for manufacturing goods and services according to the costs consumed by each job. Each job becomes a cost center for accumulating costs instead of the process involved in the production. The system helps management to keep track of the costs of each job.

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3 years ago

Fey Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost informa

alekssr [168]

Answer:

a) Standard WIP 75,000 debit

factory overhead 75,000 credit

b) applied to deluxe model 28 setups x $ 400 = $ 11,200

c) total overhead to deluxe: 35,200

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

expected overhead: 120,000

total labor hours: 375 + 22 = 600

overhead rate: 120,000 / 600 = 200

applied to Standard model: 375 hours x $ 200 = 75,000

overhead cost for setups: $ 20,000

total setups (cost driver) 22 + 28

activity rate: $ 20,000 / 50 setups = $ 400

applied to deluxe model 28 setups x $ 400 = $ 11,200

overhead cost for component: $40,000

total components: 8 + 12 = 20

activity rate: 40,000 / 20= 2,000

applied to deluxe model: 12 x 2,000 = 24,000

Overhead cost into deluxe model under ABC:

setup overhead applied to deluxe model 28 setups x $ 400 = $ 11,200

component overhead applied to deluxe model: 12 x 2,000 = 24,000

Total: 35,200

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