Duggan company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $341‚010 for the year‚ and machine usage is estimated at 126‚300 hours.For the year‚ $363‚ 036 of overhead costs are incurred and 132‚600 hours are use. Please compute the manufacturing overhead rate for the year. The buedgeted overhead rate is based on the estimates that the company makes at the beginning of the year. Remember‚ overhead rate = total cost / total cost driver
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Apportionment of Overheads / Job and Batch costing solution Question 1 (a) Overhead Analysis Sheet Overheads Basis of apportionment Total Machining Assembly Stores Canteen Indirect Wages Number of indirect employees 232000 ( X 232000) ( X 232000) ( X 232000) ( X 232000) 61867 123733 30933 15467 Machinery Maintenance Budgeted machine hours ( X 94000) ( X 94000) 94000 87935 6065 Machinery Insurance Value of machinery ( X 9050) ( X 9050) 9020 6380 2640 Rent and rates Floor area
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factory overhead and (2) underapplied factory overhead? 1.) Overapplied factory overhead means the applied exceeds the actual costs incurred‚ the factory overhead account will have a credit balance. 2.) Underapplied factory overhead means the amount applied is less than the actual costs incurred‚ the account will have a debit balance. b. If the factory overhead account has a debit balance‚ was factory overhead underapplied or overapplied? Underapplied. c. If the factory overhead account
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How gender roles are predetermined by the environment What is male? What is female? The answers to these questions everyone may depend on the types of gender roles they were exposed to as a child. Gender roles can be defined as the behaviours and attitudes expected of male and female members of a society by that society. Basically to make it clear the pattern of masculine or feminine behaviours of an individual that is defined by a particular culture and that is largely determined by a child’s
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Example 2 Cocoa Pet Corporation manufactures two models of grooming stations‚ a standard and a deluxe model. The following activity and cost information has been compiled: Number of Number of Number of Product Setups Components Direct Labor Hours Standard 3 30 650 Deluxe 7 50 150 Overhead costs $20‚000 $60‚000 Assume a traditional costing system applies the $80‚000 of overhead costs based on direct labor hours. a. What is the total amount of overhead costs assigned to the standard
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over applied overheads it is essential that the process for job-costing is understood. The basic flow of costs in a job-order system begins by recording the costs of material‚ labor‚ and manufacturing overhead. "The use of absorption costing to provide quotes for jobs takes account of both fixed and variable costs. (1) Material and direct labor costs are debited to the ’Work in Process’ inventory. Any indirect material or indirect labor costs are debited to the Manufacturing Overhead inventory‚ (which
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CONTENTS CONTENTS CHAPTER & Mechanical Design of Overhead Lines Intr oduction Introduction 8.1 Main Components of Overhead Lines E 8.2 Conductor Materials 8.3 Line Supports 8.4 Insulators 8.5 Types of Insulators 8.6 Potential Distribution over Suspension Insulator String 8.7 String Efficiency 8.8 Methods of Improving String Efficiency 8.9 Important Points 8.10 Corona 8.11 Factors Affecting Corona 8.12 Important Terms 8.13 Advantages and Disadvantages of Corona lectric power can be transmitted
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. . . . . . . . . . . . . . . . . . 1‚200 Factory overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900 $3‚600 3. The finished goods account reflects the cost of Job 803‚ which was finished at the end of the preceding month and is awaiting delivery orders from the customer. 4. At the beginning of the year‚ factory overhead application rates were based on the following data: [pic] .:. In October
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that no man or god could interfere with. In ancient Egypt people believed the god Shai determined the length of each individual’s life who could protect or condemn a person in the afterlife. Most people in Shakespeare’s time also believed in a predetermined fate‚ and he explores the idea of a fixed destiny in many of his works. In the plays Julius Caesar and Romeo and Juliet by William Shakespeare the characters are paralyzed by their destinies and are incapable to prevent them. In Julius Caesar the
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Mirrors - Inside the lens‚ which is the large and moveable piece at the top of the overhead projector‚ there are two mirrors. The mirrors work together to reflect light and project an image onto a screen. The first mirror captures the light from the base of the projector; this is the flat surface where you place the transparencies. The first mirror reflects that light to the second mirror‚ which then reflects it through a magnifying lens for large projection onto the screen. Light - The projector
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