Question 42 Use The Following Data For Questions 42 45 The John Kinky Toy Company Applies Factory Overhead To Jobs On T 1 (25.47 KiB) Viewed 9 times
Question 42 Use The Following Data For Questions 42 45 The John Kinky Toy Company Applies Factory Overhead To Jobs On T 2 (6.83 KiB) Viewed 9 times
QUESTION 42 Use the following data for questions 42-45: The John Kinky Toy Company applies factory overhead to jobs on the basis of Machine hours in the Feather Department. The following information was made available: Estimated factory overhead costs for the year. Estimated machine hours for the year... Actual machine hours used in May. $30,000 12,000 hours 1,150 hours $2,400 Actual factory overhead costs for May Determine the predetermined factory overhead rate for the Feather Department using the budget information above.Overhead Rate: /hour QUESTION 43 Determine the amount of factory overhead to be applied to production for May in the Feather department using actual machine hours costs for May. Overhead Applied: QUESTION 44 Determine the balance of the Feather Department factory overhead account as of May 31. Balance: QUESTION 45 Indicate whether the balance of the Feather Department factory overhead account represents overapplied or underapplied factory overhead. OA Overapplied OB. Underapplied 2
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