Business, 24.03.2020 19:31 jadynnnnn1795
Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental overhead rates based on direct labor hours for its two production departments—Molding and Assembly. The Molding Department employs 19 people, and the Assembly Department employs 77 people. Each person in these two departments works 2,180 hours per year. The production-related overhead costs for the Molding Department are budgeted at $196,000, and the Assembly Department costs are budgeted at $81,000. Two support departments—Engineering and General Factory—directly support the two production departments and have budgeted costs of $204,000 and $411,000, respectively. The production departments’ overhead rates cannot be determined until the support departments’ costs are properly allocated. The following schedule reflects the use of the Engineering Department’s and General Factory Department’s output by the various departments. Engineering General Factory Molding Assembly Engineering hours — 1,900 2,100 7,900 Square feet 116,340 — 365,640 72,020 For all requirements, round allocation ratios to four significant digits and round allocated costs to the nearest dollar. Required: 1. Calculate the overhead rates per direct labor hour for the Molding Department and the Assembly Department using the direct allocation method to charge the production departments for support department costs. Round final answers to the nearest cent. Overhead rate per DLH Molding $ 14.06 Assembly $
Answers: 1
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
Answers: 2
Business, 22.06.2019 18:00
During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.
Answers: 3
Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the economic question
Answers: 1
Business, 23.06.2019 09:00
The average cost of one year at a private college in 2012-2013 is $43,289. the average grant aid received by a student at a private college in 2012-2013 is $15,680.what is the average student contribution for one year at a private college in 2012-2013?
Answers: 2
Direct Method, Reciprocal Method, Overhead Rates Macalister Corporation is developing departmental o...
Mathematics, 25.07.2021 05:10
Computers and Technology, 25.07.2021 05:10
Mathematics, 25.07.2021 05:10
History, 25.07.2021 05:10
Mathematics, 25.07.2021 05:10
Social Studies, 25.07.2021 05:10
Mathematics, 25.07.2021 05:10
English, 25.07.2021 05:10
Mathematics, 25.07.2021 05:10