Entries by mary WAMBUGU

On March 31, 2019, Dorchester Corporation recorded the following factory overhead costs incurred: Factory Manager Salary $5,500

August 23, 2019 in /by

11.) On March 31, 2019, Dorchester Corporation recorded the following factory overhead costs incurred:            Factory Manager Salary                 $5,500            Factory Utilities                                  2,800            Machinery Deprecation           9,000            Machinery Repairs               1,800            Factory Rent                     2,000 The overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $22,000 would be incurred, and 2,000 direct labor hours would be worked. During […]

 

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Odilon Company makes a household appliance with model number X500. The goal for 2019 is to reduce direct materials usage per unit.

August 23, 2019 in /by

1)     Odilon Company makes a household appliance with model number X500. The goal for 2019 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of X500 units that can be produced. The industry market size for appliances increased 10% from 2018 […]

 

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Apple Valley Orchards, Inc. (AVO), developed standard costs for direct material and direct labor. In 2019, AVO estimated the following standard costs for one of their most well-loved products,

August 23, 2019 in /by

1)     Apple Valley Orchards, Inc. (AVO), developed standard costs for direct material and direct labor. In 2019, AVO estimated the following standard costs for one of their most well-loved products, the AVO classic Grandma’s large apple pie which had a brown sugar coating on the top of the crust as well as including cranberry and mince […]

 

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