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 15 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


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

For a complete list of videos, visit our video library