Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. altime industries manufactures custom-designed pla

Altime Industries manufactures custom-designed playground equipment for schools and city parks. Alltime expected to incur...

50.1K

Verified Solution

Question

Accounting

image
Altime Industries manufactures custom-designed playground equipment for schools and city parks. Alltime expected to incur $828,000 of manufacturing overhead cost 41,400 of direct labor hours, and $1.490,400 of direct labor cost during the year (the cost of direct labor is $36 per hour). The company allocates manufacturing overhead on the basis of direct labor hours. During December, Alltime completed Job 302. The job used 195 direct labor hours and required $14,500 of direct materials. The City of Northvile has contracted to purchase the playground equipment at a price of 25% over manufacturing cost. Read the requirements Requirement 1. Calculate the manufacturing cost of Job 302 First identify the formula, then calculate the predetermined overhead rato. - Predetermined overhead rate per hour

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Northern Air would like to sell 2,900 shares of stock using Dutch auction underwriting. The bids...

Finance
Q

**Botany Related Question** What happens during the light-dependent and light-independent reactions of photosynthesis? What roles do water, light,...

Biology
Q

Describe a visual field experiment involving a patient who has undergone the split-brain procedure. Answer should...

Medical Sciences
Q

Constant-volume calorimeters are sometimes calibrated by running a combustion reaction of known ΔE and measuring the...

Chemistry
Q

Adjacent graph is drawn for particle along straight line motion a Acceleration v velocity Find...

Physics
Q

24 A capillary tube is dipped in water and it is 20 cm outside water...

Physics
Q

The state education commission wants to estimate the fraction of tenth grade students that have...

Statistics
Q

26 Simplify 1 i 2 3 i A 1 5i B 1 i O C...

Calculus
Q

5 To determine the distance between two aircraft a tracking station continuously determines the distance...

Algebra
Q

For each numbered item, choose the matching term and write the identifying letter in the...

Accounting
Q

The following is a system of simultaneous linear equations to allocate costs using the reciprocal...

Accounting
Q

Management of Pharoah, a biotech firm, forecasted the following growth rates for the next three...

Finance