ACCT 346 help A Guide to career/uophelp.com ACCT 346 help A Guide to career/uophelp.com | Page 14

Question 5.
Question :
(TCO 2) Paul Company applies
manufacturing overhead based on direct labor cost. Information
concerning manufacturing overhead and labor for August follows.
Overhead cost
Direct labor hours
Direct labor cost
Estimated
$174,000
5,800
$87,000
Actual
$171,000
5,900
$89,975
How much is the predetermined overhead rate?
Question 6.
Question :
(TCO 2) During 2015, Michael Company
applied overhead using a job-order costing system at a rate of $15 per
direct labor hours. Estimated direct labor hours for the year were
150,000, and estimated overhead for the year was $2,250,000. Actual
direct labor hours for 20x1 were 140,000, and actual overhead was
$2,400,000.
What is the amount of under- or over-applied overhead for the year?
Question 7.
Question :
(TCO 2) Manufacturers follow four steps
to implement a manufacturing overhead allocation system. What is the
first step?
Question 1.
Question :
(TCO 1) Which of the following topics is
the focus of managerial accounting?
Question 2.
Question :
(TCO 6) Smile Labs develops 35mm film
using a four-step process that moves progressively through four