Maurice Tutor

(5)

$15/per page/Negotiable

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, 3 Days 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 11 Aug 2017 My Price 13.00

Teledex Company

"Blast it!" said David Wilson, president of Teledex Company. "We've just lost the bid on the Koopers job by $10,200. It seems we're either too high to get the job or too low to make any money on half the jobs we bid."

 

Teledex Company manufactures products to customers' specifications and operates a job- order costing system. Manufacturing overhead cost is applied to jobs on the basis of direct labor cost. The following estimates were made at the beginning of the year:

 

  Department
  Fabricating Machining Assembly Total plant
Direct labor $300,000 $201,000 $401,000 $902,000
Manufacturing overhead $540,000 $804,000 $100,250 $1,444,250

Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows:

 

  Department
  Fabricating Machining Assembly Total plant
Direct materials $11,900 $900 $5,500 $18,300
Direct labor $6,500 $1,700 $13,100 $21,300
Manufacturing overhead ? ? ? ?
The company uses a plantwide overhead rate to apply manufacturing overhead cost to jobs.

 

Requirement 1:
Assuming the use of a plantwide overhead rate:

 

a. Compute the rate for the current year. (Round your answer to the nearest whole percent. Omit the "%" sign in your response.)

 

Predetermined overhead rate % of direct labor cost

 

Requirement 2:

Suppose that instead of using a plantwide overhead rate, the company had used a separate predetermined overhead rate in each department. Under these conditions:

 

a. Compute the rate for each department for the current year. (Omit the "%" sign in your response.)

 

  Predetermined
overhead rate
Fabricating Department %
Machining Department %
Assembly Department %

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 04:08 PM My Price 13.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)