Need help please ' " l _ Samson Industries manufactures wooden backyard playground...

50.1K

Verified Solution

Question

Accounting

Need help please

image
' " l _ Samson Industries manufactures wooden backyard playground equipment, Samson estimated 1. Calculate Samson's predetermined manufacturing overhead rate. assuming that the f' 31.815000 of manufacturing overhead and $2,100,000 of direct labor cost for the year' After the company uses direct labor cost as an allocation base. year was over, the accounting records indicated that the company had actually incurred 2. How much manufacturing overhead would have been allocated to manufacturing jobs $1,640,000 of manufacturing overhead and 32450000 of direct labor cost. during the year? 3. At year~end, was manufacturing overhead overallocated or underallocated? By how much? E) 1. Calculate Samson's predetermined manufacturing overhead rate, assuming that the company uses direct labor cost as an allocation base. (Round the percentage to me nearest hundredth percent, XXX.) . Predetermined manufacturing + overhead rate + I : | %

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