Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Ryans operations are divided into metal casting and metal finishing. The casting department uses a departmental overhead rate of $52 per machine hour. While the Finishing Deptartment uses a departmental overhead rate of $28 dollars oer direct labor hour. Job a216 uses the following:

Casting Dept Direct labor    5

Casting Dept Machine hour  4

Finshing Direct labor           12

Machine hour                       3

The cost of labor is $32 per direct labor hour and the direct materials cost is $1800

What was the total cost of job A216 if they use the departmental overhead rates to allocate manufacturing overhead?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9798204

Have any Question?


Related Questions in Accounting Basics

Question - the adjusted trial balance of cheyenne company

Question - The adjusted trial balance of Cheyenne Company shows the following data pertaining to sales at the end of its fiscal year, October 31, 2017: Sales Revenue $752,300, Delivery Expense $13,020, Sales Returns and ...

Assignment 1 lasa 2-capital budgeting techniquesas a

Assignment 1: LASA # 2-Capital Budgeting Techniques As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You ha ...

Question - eastern manufacturing is involved with several

Question - Eastern Manufacturing is involved with several situations that possibly involve contingencies. Each is described below. Eastern's fiscal year ends December 31, and the 2018 financial statements are issued on M ...

Question - a company is considering two mutually exclusive

Question - A company is considering two mutually exclusive projects, A and B. Project A requires an initial investment of $100, followed by cash flows of $95, $20, and $5. Project B requires an initial investment of $100 ...

Problem - transactions early januaryit is now 7 january

Problem - Transactions: Early January It is now 7 January 2018 You find a note on your desk from Duncan instructing you to record a list of transactions that occurred during the first week of January as follows: Transact ...

Question - on december 31 year 1 day co leased a new

Question - On December 31, year 1, Day Co. leased a new machine from Parr with the following pertinent information: Lease term 8 years Annual rental payable at beginning of each year $60,000 Useful life of machine 10 yea ...

Question - oriole company manufactures equipment orioles

Question - Oriole Company manufactures equipment. Oriole's products range from simple automated machinery to complex systems containing numerous components. Unit selling prices range from $200,000 to $1,500,000 and are q ...

Question - during 2018 beltram inc had sales of 35633

Question - During 2018, Beltram. Inc. had Sales of $3,563.3 million, Gross profit of $1,634.6 million and Selling, general, and administrative expenses of $1,278.0 million. What was Beltram's Cost of sales for 2018? $ 88 ...

Question -a revenue of 62000 was earned but only 45000 was

Question - a. Revenue of $62,000 was earned, but only $45,000 was collected. Expenses of $36,000 were incurred, but only $30,000 was paid. What is reported operating income? b. Wages of $5,000 are paid every Friday for a ...

Question - at december 31 2014 the available for sale

Question - At December 31, 2014, the available for sale equity portfolio for xyz corp. is as follows. Security Cost Fair Value Stock A 33,600 31,000 Stock B 175,000 174,000 Stock C 59,400 68,500 Total 268,000 273,500 Dec ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As