Entries by mary WAMBUGU

Aco uses job order cost system and applies overhead based on estimated rate. Overhead application rate is based on total estimated overhead costs of $350,000 and direct labor hours of 8,5000.

August 22, 2019 in /by

Given:Aco uses job order cost system and applies overhead based on estimated rate. Overhead application rate is based on total estimated overhead costs of $350,000 and direct labor hours of 8,5000. During the month of February 2019 actual direct labor hours of 9,000 were incurred Determine: amount of factory overhead that was applied in February […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

During March 2019 Aco recorded $42,000 of costs related to factory overhead. Aco overhead application rate is based on direct labor hours.

August 22, 2019 in /by

Given:During March 2019 Aco recorded $42,000 of costs related to factory overhead. Aco overhead application rate is based on direct labor hours. Present formula for overhead application estimated that $41,000 would be incurred and 4,000 direct labor hours would ne worked. During March 4,200 hours were actually worked. Determine: amount of factory overhead that was […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

On May 21 2019 Rob worked 6.5 hours on job A-1 and 3 hours on general “overhead activities.” Rob is paid $12 per hour.

August 22, 2019 in /by

Given:On May 21 2019 Rob worked 6.5 hours on job A-1 and 3 hours on general “overhead activities.” Rob is paid $12 per hour. Overhead is applied based on $26 per direct labor hour. Additionally on May 21 Job A-1 requisitioned and entered into production $105 of direct material. On May 21, Rob while working […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

On June 1, 2019 Adelphi Corporation issued $150,000 of 6%, 5-year bonds. The bonds which were issued at 99, pay interest on January 1 and June 1.

August 22, 2019 in /by

Question On June 1, 2019 Adelphi Corporation issued $150,000 of 6%, 5-year bonds.  The bonds which were issued at 99, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium that is amortized with each interest payment. If this is discount amortization enter as a positive number. If this is […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"