« previous next »

Author Question: ERP systems have proved to be quite easy to install and in short periods of time. Indicate whether ... (Read 57 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jul 5, 2018
ERP systems have proved to be quite easy to install and in short periods of time.
  Indicate whether the statement is true or false

Question 2

The following information was gathered for Zeba Company for the year ended December 31, 2014
 
  Budgeted Actual
   Direct labor-hours 50,000 dlh 60,000 dlh
   Factory overhead 550,000 600,000
 
  Assume that direct labor-hours are the cost-allocation base.
 
  Required:
  a. Compute the budgeted factory overhead rate.
  b. Compute the factory overhead applied.
  c. Compute the amount of over/underapplied overhead.


kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jul 5, 2018
Answer to Question 1

F

Answer to Question 2

Answer:
a. 550,000/50,000 hrs. = 11 per hour
b. 11  60,000 hrs. = 660,000
c. 600,000 - 660,000 = 60,000 overapplied


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

The span of Homo sapiens sapiens’ time on earth The span of Homo sapiens sapiens’ time on earth
Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called
Richmond, Virginia, lies in ruins in April 1865 at the time of Lincoln’s visit—and a few days before Richmond, Virginia, lies in ruins in April 1865 at the time of Lincoln’s visit—and a few days before
Review of Systems ROS Cont. Review of Systems ROS Cont.
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
Continental Drift: An Idea Before Its Time Continental Drift: An Idea Before Its Time
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library