subject
Business, 07.10.2019 19:30 matthewquattlebum

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates:

department cutting finishing
direct labor-hours . . . . . . . . . . . . . . 6,000 30,000
machine-hours . . . . . . . . . . . . . . . . .48,000 5,000
total fixed manufacturing overhead cost . . . . . . .$264,000 $366,000
variable manufacturing overhead per machine-hour . . $2.00 —
variable manufacturing overhead per direct labor-hour . $4.00
(compute the predetermined overhead rate to be used in each department.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
Answers: 3
question
Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
Answers: 1
question
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
question
Business, 22.06.2019 22:50
What is the difference between the contractual interest rate and the market interest rate?
Answers: 1
You know the right answer?
White company has two departments, cutting and finishing. the company uses a job-order costing syste...
Questions
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Biology, 11.09.2020 08:01
question
Social Studies, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Social Studies, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
English, 11.09.2020 08:01
question
Social Studies, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
English, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01
question
Mathematics, 11.09.2020 08:01