Answer Happy

Chapter 3 Homework 1 Gitano Products operates a job-order costing system and apples overhead cost to jobs on the basis of direct materials used in production (not on the basis of raw materials purchased. Its predetermined overhead rate was based on a cost formula that estimated $114,400 of manufacturing overhead for an esteated allocation base of $88.000 direct material dollars to be used in production. The company has provided the following data for the just completed year Purchase of materialy Direct labor cest 116,00 $$4,000 Manufacturing overhead st Indirect labor $ 122,900 1 8,100 Property Lakes Depreciation of Maintenanc Insurance $ 17,000 1 14,000 $ 11,400 Bent, bellding $ 11,000 Ending Say Materiale Work in Process Finished Goods $ 25,000 $11,000 $4,000$ 36,000 39,000,000 Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underappled or overapplied overhead for the year 3. Prepare a schedule of cost of goods manufactured for the year Assume all raw materials are used in production as direct materias 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer 5. Assume that the $36.000 ending balance in Work in Process includes $8.200 of direct materials, Given this assumption, supply the Information missing below Complete this question by entering your answers in the tabs below. Prev 15 Next > 2 pres 04:39:26 PAR Hp Save & Ea Subma Check my work
Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhe 3. Prepare a schedule of cost of goods manufactured for the ye 4. Compute the unadjusted cost of goods sold for the year. Do 5. Assume that the $36.000 ending balance in Work in Process information missing below Complete this question by entering your answers in the ta Required 1 Required 2 Required 3 Required 4 Required Compute the predetermined overhead rate for the year. Predetermined overhead rate % * ts * ifs W # 3 F $ 4 % 5 16 T 6
Homework Finished Goods 169,000 $ 60,000 Required: 1. Compute the predetermined overhead rate for the year. 2. Compute the amount of underapplied or overapplied overhead for the yea 3. Prepare a schedule of cost of goods manufactured for the year. Assume as 4. Compute the unadjusted cost of goods sold for the year. Do not include ar 5. Assume that the $36.000 ending balance in Work in Process includes $8. information missing below Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 4 Compute the amount of underapplied or overapplied overhead for the year overhead < Required 1 Required 3 Prex 1 a W # 3 14 S 3 4 E R % 40 5 a T 4T 6 & Y ly 7
Ac D work Complete this sprestion by entering your ars in the tabs below. ered Mod Prece of cost of goods eactured for the yo at sa prodation ander materia of of G > MEDID Tamsteg.com Condit W S # di prote M CO $ 4 E R D ( ( 36 LL F do S T de 4- & 6 7 Y G V B 99 * U 7. 8 In H J N ( M 9 K F 4 D
2 1 2043047 ence Required: 1 Compute the predetermined overhead tate for the year 2. Compute the amount of underapplied or overapplied overhead for the year 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials 4. Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your a 5. Assume that the $36.000 ending balance in Work in Process includes $8.200 of direct materials. Given this assumption supply the information missing below: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Requeed S Compute the unadjusted cost of goods sold for the year. Do not include any underapplied or overapplied overhead in your answer < Required 3 Required 6 > Prev Next > 1 of 5
F Required: 1. Compute the predetermined overhead rate for the yea 2. Compute the amount of underapplied or overoppiled overhead for the year. 3. Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production an deem 4. Compute the unadjusted cost of goods sold for the year Do not include any underapplied or overapplied overhead in your amer 5. Assume that the $36,000 ending balance in Work in Process includes $8.200 of direct materials. Given this assumption, supply the information missing below 04:30:30 Complete this question by entering your answers in the tabs below. PRE Requeed 1 Requared 2 Required 3 Reque 4 Required Assume that the $36,000 ending balance in Work in Process chades $8.200 of direct materials, Given this assumption, supply the information missing below: Dunct manals Direct labor Manufacturing overhead Work in process entory <Required 4 Regis Prev Next > points Mc Graw Hil 15 7:30 PM