Maurice Tutor

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About Maurice Tutor

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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: 402 Weeks Ago, 2 Days Ago
Questions Answered: 66690
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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 11.00

Atkinson's Reliable Tools

Atkinson's Reliable Tools make two products that use similar raw materials: #587Q and #253X. Estimated production needs for a unit of each product follow. #587Q #253X Steel (in pounds) 3 5 Wood (in board feet) 0.5 0.2 Direct labor (in hours) 2 3 Machine hours 0.5 0.7 Estimated sales in units by product for 2014 are 80,000 of #587Q and 30,000 of #253X. Additionally, estimated beginning and desired ending inventory quantities for 2014 are as follows. Beginning Ending #587Q (units) 800 640 #253X (units) 1,200 900 Steel (in pounds) 2,000 1,400 Wood (in board feet) 800 600 Overhead is applied to production at the rate of $15 per machine hour and the direct labor wage rate is $10.50 per hour. Prepare the production, purchases, direct labor, and overhead budgets for 2014.

Check points

Production totals for each column: 79,840 & 29,700
Purchases in pounds total 387,420
Purchases in board feed total 45,660
Cost of DL column totals: 1,676,640; 935,550 & 2,612,190
Cost of OH column totals: 598,800; 311,850 & 910,650

Answers

(5)
Status NEW Posted 11 Aug 2017 11:08 PM My Price 11.00

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