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 76 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
Gracias!


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library