Department 40
Not what you're looking for?
The estimated total factory overhead cost and total machine hours for Department 40 for the current year are $225,000 and 56,250 respectively. During January, the first month of the current year, actual machine hours used totaled 5,100 and factory overhead cost incurred totaled $19,800.
(a) Determine the factory overhead rate based on machine hours.
(b) Present the entry to apply factory overhead to production in Department 40 for January.
(c) What is the balance of Factory Overhead - Department 40 at January 31?
(d) Does the balance of Factory Overhead - Department 40 at January 31 represent overapplied or underapplied factory overhead?
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation and calculation to determine the factory overhead rate based on machine hours, present the entry to apply factory overhead to production in Department 40 for January, find the balance of Factory Overhead, and find overapplied or underapplied of the Factory Overhead.
Solution Preview
The estimated total factory overhead cost and total machine hours for Department 40 for the current year are $225,000 and 56,250 respectively. During January, the first month of the current year, actual machine hours used totaled 5,100 and factory overhead cost incurred totaled $19,800.
(a) Determine the factory ...
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Operations Management
This quiz tests a student's knowledge about Operations Management
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations