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5. Yista Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The company estimated manufacturing overhead at $510,000 for the year
and direct labor-hours at 100,000 hours. Actual manufacturing overhead costs incurred during the year totaled $540,000. Actual direct labor-hours were 105,000. What was the overapplied or underapplied overhead for the year? (Points : 5) $30,000 overapplied $30,000 underapplied $4,500 overapplied $4,500 underapplied
The overapplied or underapplied overhead for the year is: $4,500 underapplied
Expert answered|emdjay23|Points 2812|
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Asked 279 days ago|11/22/2013 1:30:38 PM
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Questions asked by the same visitor
8. What document is used to determine the actual amount of direct labor to record on a job cost sheet?
Question
Updated 278 days ago|11/24/2013 5:53:05 AM
1 Answer/Comment
Time ticket is used to determine the actual amount of direct labor to record on a job cost sheet.
Added 278 days ago|11/24/2013 5:53:05 AM
8. What document is used to determine the actual amount of direct labor to record on a job cost sheet? (Points : 5) time ticket payroll register production order wages payable account
Weegy: Time ticket is used to determine the actual amount of direct labor to record on a job cost sheet. (More)
Question
Expert Answered
Asked 279 days ago|11/22/2013 1:32:45 PM
0 Answers/Comments
The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $500 and $300 for direct materials, and charges of $400 and $600 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:
Weegy: The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of the accounting period. [ The job cost sheets of two uncompleted jobs show charges of $500 and $300 for direct materials, and charges of $400 and $600 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of: 120% ] (More)
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Expert Answered
Updated 215 days ago|1/25/2014 11:46:55 PM
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3. Find the slope m of the line that passes through the points (–3, 1) and (5, 6). (Points : 5) slope m = –5/8 slope m = 5/8 slope m = 8/5 slope m = –8/5
Weegy: The slope of that line is 8/5 = 1.6 (More)
Question
Updated 32 days ago|7/27/2014 2:11:30 PM
1 Answer/Comment
The slope m of the line that passes through the points (–3, 1) and (5, 6) is slope m = 5/8. m = (6-1)/[5-(-3)]; m = 5/8
Added 32 days ago|7/27/2014 2:11:26 PM
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