Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 6.00

Hollywood Company

You asked: "Hollywood Company has identified the following overhead costs and the cost drivers for the year 2011. Overhead item Estimated cost Cost driver Estimated driver Setup costs $960,000 Number of setups 4,800 setups Ordering costs $160,000 Number of orders 20,000 orders Maintenance $640,000 Machine hours 64,000 machine hours Power $80,000 Kilowatt hours 200,000 kilowatt hours (a) Determine the overhead rate per driver for each of the overhead items identified. (b) Assume that the company absorbed overhead using labour hours. What would have been the overhead rate if the company estimated 40,000 labour hours in 2011? (c) You have the following information on Project 101. The company used 180 labour hours to complete this project. How much overhead would you allocate using labour hours? (d) On further scrutiny you find that Project 101 used 12 setups, 16 orders, 360 machine hours and 180 kilowatt hours to complete. How much overhead would be allocated to Project 101, assuming the Activity-Based Costing (ABC) technique is used? (e) List and briefly discuss two (2) advantages and two (2) disadvantages of using ABC. "

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Aug 2017 06:08 PM My Price 6.00

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