This topic contains a solution. Click here to go to the answer

Author Question: Stone Cliff Company manufactures custom-order furniture. During 2020, actual manufacturing overhead ... (Read 50 times)

Gabby

  • Full Member
  • ***
  • Posts: 153
Stone Cliff Company manufactures custom-order furniture. During 2020, actual manufacturing overhead totaled $720,000. Based on the 2020 results, and projected production for 2021, management prepared the 2021 budget and estimated that manufacturing overhead would total $800,000. The estimated number of direct labor hours for 2021 is 50,000, and the estimated amount of direct labor cost is $1,000,000. The company plans to use direct labor hours as the basis to allocate overhead to jobs. During May and June 2021, employees worked on the following four jobs:

Monthly dataJob X43Job X87Job Z22Job A33
May
  Direct materials$86,000$72,000$44,000$38,000
  Direct labor cost$101,000$91,000$78,000$52,000
  Direct labor hours5,0504,5503,9002,600
June
  Direct materials$24,000$41,000$35,000$24,000
  Direct labor cost$28,000$52,000$62,000$32,800
  Direct labor hours1,4002,6003,1001,640
What is the predetermined overhead rate that Stone Cliff will use to allocate overhead during 2021?
◦ $16.00 per direct labor hour
◦ $7.20 per direct labor hour
◦ $14.40 per direct labor hour
◦ $8.00 per direct labor hour


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Gabby on Feb 5, 2023

LynellDool

  • Full Member
  • ***
  • Posts: 165
    • i thought about discounts
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly

When you can make use of a promotion on an already discounted object, all of the greater. why not find out more



Gabby

  • Member
  • Posts: 153
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library