This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Clyde Company gathered the following information for the year ended December 31:Direct labour cost ... (Read 201 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
on: Jan 4, 2020
Clyde Company gathered the following information for the year ended December 31:

Direct labour cost incurred for the year$180,000
Estimated manufacturing overhead costs$240,000
Estimated direct labour cost $200,000
Work in process inventory, Dec. 31$55,000
Finished goods inventory, Dec. 31$67,500
Cost of goods sold$141,000
Estimated direct labour hours 300,000


At Clyde Company what would the predetermined manufacturing overhead rate for the year be using direct labour cost as the allocation base?
◦ 120% of direct labour cost
◦ 80% of direct labour cost
◦ 111% of direct labour cost
◦ 90% of direct labour cost
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tuffie on Jan 4, 2020

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jan 4, 2020
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 35% of students answer this correctly


tuffie

  • Member
  • Posts: 534
Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen- On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen-
Cost Savings with an EHR System Cost Savings with an EHR System
Electronic service information is available from aftermarket sources, such as All-Data and ... Electronic service information is available from aftermarket sources, such as All-Data and ...
The five skills of the element Collection of Information The five skills of the element Collection of Information
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library