Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. cavy company estimates that total factory averhead

Cavy Company estimates that total factory averhead costs wil be $895,832 for the year, The...

90.2K

Verified Solution

Question

Accounting

image
Cavy Company estimates that total factory averhead costs wil be $895,832 for the year, The company has decided that the basis for applying factory overhead should be direct laboc hours, which are estimated to be 95,200 hours. a. Compute the predetermined factofy overhead rate. Round your answer to the nearest cent. per direct labor hour b. Determine the amount of factory overhead applied to Job 456 if the amount of direct labor hours is 1,000 and to lob B8 it the amount of direct labar hours is 3,100. 3004565Job8.68 c. Journalire the entry for the factory owethead apgled if Jobs 456 and 88 are the only jobs for the peciod, If an amount box does not require an entry, leave it blank

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students