ACCT 346 help A Guide to career/uophelp.com ACCT 346 help A Guide to career/uophelp.com | Page 20

Week 2 DQ 1 Job Order Costing Week 2 DQ 2 Process Costing Week 3 DQ 1 Cost-Volume-Profit Analysis Week 3 DQ 2 Variable Costing and Full Costing Week 4 DQ 1 Activity Based Costing Week 4 DQ 2 Incremental Cost Analysis Week 5 DQ 1 Pricing Techniques Week 5 DQ 2 Capital Budgeting Techniques Week 6 DQ 1 Budgeting Week 6 DQ 2 Standard Costs and Variance Analysis Week 7 DQ 1 Responsibility Centers ----------------------------------------------------------------------------- ACCT 346 Week 2 Homework Assignment For more course tutorials visit www.uophelp.com 1. Biltz Company uses a predetermined manufacturing overhead rate based on direct labor hours to allocate (apply or charge) manufacturing overhead costs to jobs. During the year, the company actually incurred manufacturing overhead costs of $582,000 and 135,000 direct labor hours were worked. The company originally estimated that it would incur $525,000 of manufacturing overhead during the year and that 150,000 direct labor hours would be worked. 2. The following account balances at the beginning of January were selected from the general ledger of Ocean City Manufacturing Company: Work-in-Process (WIP) inventory $0