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

Author Question: Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single ... (Read 117 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Mar 6, 2021
Lancelot Manufacturing is a small textile manufacturer using machine-hours as the single indirect-cost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Case High School band jacket job.

CompanyCase High School Job
Direct materials$60,000$2,400
Direct labor$15,000$600
Manufacturing overhead costs$50,000
Machine-hours100,000mh1,000mh

For Lancelot Manufacturing, what is the annual manufacturing overhead cost-allocation rate?
◦ $0.75
◦ $1.25
◦ $0.50
◦ $50.00
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mwit1967 on Mar 6, 2021

Dominic

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Mar 6, 2021
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 44% of students answer this correctly


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

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?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Snout and mouth of sand tiger shark, showing protruding teeth and small eyes Snout and mouth of sand tiger shark, showing protruding teeth and small eyes
Apidium may be ancestral to all later higher primates and is reconstructed as looking like a small-b Apidium may be ancestral to all later higher primates and is reconstructed as looking like a small-b
EEG and Single-Cell Activity EEG and Single-Cell Activity
Children can fast map the meanings of words in a single exposure. Children can fast map the meanings of words in a single exposure.
A group of children were asked how many hours a day they spend watching television. A group of children were asked how many hours a day they spend watching television.
Summary of digestion and absorption in the small intestine Summary of digestion and absorption in the small intestine
Video: Ventilation - phases and driving forces

For a complete list of videos, visit our video library