Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. joseph industres manutactures woodon backyard play

Joseph industres manutactures woodon backyard playpround equipment. Josoph estimuled $1,765,000 of manutacturing overhead and \$2,000,000...

90.2K

Verified Solution

Question

Accounting

image
Joseph industres manutactures woodon backyard playpround equipment. Josoph estimuled $1,765,000 of manutacturing overhead and \$2,000,000 of direct labor cost for the year Aher the year was over, the accounting records indicated that the company had actually incurred $1,600,000 of manufacturing overthead and $2.250,000 of direct labor cost. 1. Calculate Joseph's predetermined manufacturing overhead rate, assuming that the cempany uses drect labor cost as an alocation base. 2. How much manulacturing overhead would have been allocated to manutacturing jobs during the year? 3. At year-end, was manufacturing overtead overallocated or underallocated? By how much? 1. Calculate Josepb's predeterminod manufacturing overhead tate, assuming that the company uses direct labor cost as an alcostion base. (Rlound the percentage to ine nearest hundredth percent, X,x )

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

Finance
1.2K views

Question 1-- NPV Profiles: Graph the NPV profiles for both projects on a common chart., making...

Psychology
1.2K views

You are to find a media presentation (movie, documentary, series) to watch. After watching write up a...

General Management
1.2K views

Discuss the value and use of quantitative and qualitative research and data in business. Articulate the...

Biology
1.2K views

Which two plates should be compared to determine if any genetic transformation has occurred Choose...

Biology
1.2K views

What are the two subsystems of the peripheral nervous system?a. cervical and spinalb. efferent and...

Physics
1.2K views

Media Water Refractive 1 33 index Glass 1 5 Diamond 2 42 low answer the...

Geometry
1.2K views

answers to the nearest tenth of a percent Do NOT include the percent symbol Question...

Accounting
1.2K views

Our costs are out of control, our accounting system is messed up, or both! screamed...

Accounting
1.2K views

The Clarity Project is an initiative of the PCAOB to clarify the links between the...

Accounting
1.2K views

Morning Sky, Incorporated (MSI), manufactures and sells computer games. The company has several product lines...

Accounting
1.2K views

Briefly explain the three classes of creditors specified in the Bankruptcy Code.

Finance
1.2K views

Calculate the after tax Cost of Debt for Chevron's following bond Issue? ...