subject
Business, 04.07.2020 22:01 aletadaboss

Landis Company uses a job order cost system in each of its two manufacturing departments. Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department A and machine hours in Department B. In establishing the predetermined overhead rates for 2019, the following estimates were made for the year: Department D Department E Department KManufacturing overhead $990,000 $1,750,000 $1,080,000Direct labor costs $1,237,500 $1,875,000 $675,000Direct labor hours 150,000 125,000 60,000Machine hours 600,000 750,000 120,000During January, the job cost sheets showed the following costs and production data. Department D Department E Department KDirect materials used $210,000 $189,000 $117,000Direct labor costs $180,000 $165,000 $56,250Manufacturing overhead incurred $148,500 $168,000 $118,500Direct labor hours 12,000 16,500 5,250Machine hours 51,000 67,500 10,410Required:a. Compute the predetermined overhead rate for each department. b. Compute the total manufacturing costs assigned to jobs in January in each department. c. Compute the under- or overapplied overhead for each department at January 31.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 23:00
Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.
Answers: 2
question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
question
Business, 23.06.2019 00:30
Environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in milan, italy, is 29. the number of days per year in which emission limits are exceeded is normally distributed with a standard deviation of 4.0 days. what percentage of the years would exceed 37 days?
Answers: 2
question
Business, 23.06.2019 15:00
Construct an example of the cycle of​ money, identify all the players involved and identify their individual benefits from participating in the cycle of money. in the examples of the cycle of money shown​ below, identify all the players involved and identify their individual benefits from participating in the cycle of money. example​ one: ​(select from the​ drop-down menus.) ▾ opens a savings account ▾ with the borrower with the original lender at a local commercial bank with a​ $200 deposit. the ▾ original lender bank borrower loans out the​ $200 with other funds from other savings accounts to ▾ the original lender a local businessman who is expanding his business. the local businessman pays back the loan over time with interest and the bank credits the savings account with interest. the individual withdraws money from the savings account to buy a new bike.
Answers: 1
You know the right answer?
Landis Company uses a job order cost system in each of its two manufacturing departments. Manufactur...
Questions
question
Mathematics, 12.02.2021 03:00
question
Mathematics, 12.02.2021 03:00
question
Mathematics, 12.02.2021 03:00
question
Mathematics, 12.02.2021 03:00