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son4ous
18 days ago
13

Heroux Corporation has two manufacturing departments--Forming and Customizing. The company used the following data at the beginn

ing of the year to calculate predetermined overhead rates:
Forming Customizing Total
Estimated total machine-hours (MHs) 3,000 7,000 10,000
Estimated total fixed manufacturing overhead cost $16,500 $20,300 $36,800
Estimated variable manufacturing overhead cost per MH $1.70 $2.50

During the most recent month, the company started and completed two jobs--Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow:

Job A Job H
Direct materials $12,800 $6,700
Direct labor cost $24,300 $7,800
Forming machine-hours 2,000 1,000
Customizing machine-hours 2,800 4,200

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job H is closest to: (Round your intermediate calculations to 2 decimal places.)
Business
1 answer:
Free_Kalibri [3.1K]18 days ago
4 0

Answer:

Allocated MOH= $40,976

Explanation:

With this information provided:

Total estimated fixed manufacturing overhead = $36,800

Total estimated machine-hours (MHs)= 10,000

Estimated variable manufacturing overhead cost per MH = ($1.70 + $2.50)= $4.20

Initially, we will calculate the estimated manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period divided by the total allocation base

Thus, Estimated manufacturing overhead rate = (36,800/10,000) + 4.20= $7.88

Next, we can now allocate overhead to Job H:

Forming machine-hours= 1,000

Customizing machine-hours= 4,200

Allocated MOH= Estimated manufacturing overhead rate multiplied by the actual amount of allocation base

Therefore, Allocated MOH= 7.88*(1000 + 4,200)= $40,976

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Answer:

$2,274,639.75

Explanation:

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Endowment value by July 2014 = $15,000,000 (1+0.05)^4 - Facility expenditures

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Available funds for capital replacement = $13,232,500 - $5,000,000 = $8,232,500

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In a state of market equilibrium, the intrinsic value of the stock will be the market price of the stock. An analyst with a lead
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Respuesta:

sobrevalorado

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El valor esperado de la acción está por debajo de su precio en el mercado actual.

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Esto puede suceder porque la relación precio-beneficio de esta acción (multiplicado por las ganancias por acción pagadas) es mayor que otras acciones. Los inversionistas se desplazarán de una acción con un P/E de 20 a otra con un P/E del % ya que su retorno será mayor.

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Company XYY has recently won several bids and is now discussing how to structure the staff so that every contract can be success
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Answer:

Two organizational structures available to the company:

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1 month ago
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arsen [2988]

Answer:

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The income that Carol's Clothiers earns from the sales it conducts, referred to as retained earnings, acts as the main source of capital for expanding their operations.

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