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Question

Safari File Edit View History Bookmarks Window Help 71% Sat Apr 23 10:07:53 AM Benjamin McElwain a E edugen.wileyplus.com Return to Blackboard Wiley PLUS Managerial Accounting 2e, Wiley PLUS Custom Course for University of California Riverside Help System Announcements PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Exercise 4-12 (Part Level Submission) HW4 Sinclair Company manufactures a line of lightweight running shoes. CEO Andrew Sinclair estimated that the company would incur $3,308,520 in manufacturing 4-12 (Par overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 237,000 direct labor hours and 574,396 machine hours. Exercise 4-18 (Part Level Submission) (a) Pract 02 (Part Level Submission) Assume that Sinclair Company uses direct labor hours as its manufacturing overhead applica base. Calculate the company predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75) Review Score Review Results by Study Company's predetermined overhead rate Objective /DLH ill learn while you earn points based o he Point Potential Policy set by you y accessing this Question Assistance, y nstructo Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER (b The parts of this question must be completed in order. This part will be available when you complete the part above (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d The parts of this question must be completed in order. This part will be available when you complete the part above.

Explanation / Answer

Statement showing computations Particulars Amount Estimated Manufacturing overhead          3,308,520.00 Estimated Direct Labour Hours             237,000.00 Predetermined Overhead rate = 3308,520/237,000                        13.96 Other parts are not available. Thus cannot answer them