Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. consumed serving cuents. tech solutions computes i

consumed serving cuents. Tech Solutions computes its predetermined overhead rate annually...

80.2K

Verified Solution

Question

Accounting

image
consumed serving cuents. Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 57,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated: $345,000 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $365,300 and its actual total direct labor was 64,000 hours. Required: 1. Compute the predetermined overhead rate 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available for this job: Compute the total job cost for Xavier Company Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate. Note: Round your answer to 2 decimal places

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The earliest fossil form, in the phylogeny of horse, is (a) Eqiitts (b) Mesohippus (c) Eohippus (d) Merychippus.

Biology
Q

What are the effects of the opioid epidemic on young people? Why is the opioid epidemic different...

Psychology
Q

Two long thin charged rods with charge density each are place parallel to each other...

Physics
Q

5 A helium balloon can just lift a load of 750 N The skin of...

Physics
Q

Use - ?o or ?o where appropriate to describe the behavior at each zero of...

Calculus
Q

Multiply a b 8a b 4ab 2 4ab 2 n 8 n 4ah 4ab t

Algebra
Q

Fill out the information for Best Buy

Accounting
Q

Mulitple Choice: Which of the following inventories carried by a manufacturer is similar to the...

Accounting
Q

Beginning Balance --Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning Balance - Raw Materials Inventory Ending Balance...

Accounting
Q

Blossom Corporation reported net sales $600,000, cost of goods sold $396,000, operating expenses $134,000, and...

Accounting
Q

Question five 21/12/2009 was as follows: You come across the following information about transactions during...

Accounting
Q

Keys Printing plans to issue a $1,000 par value, 25-year noncallable bond with an 8.00%...

Finance