iPad 1:22 PM * 100%- Done edugen.wileyplus.com Weygandt, Financial & Managerial

Question

iPad 1:22 PM * 100%- Done edugen.wileyplus.com Weygandt, Financial & Managerial 2e PRINTER VERSION BACK ASSIGNMENT RESOURCES Chapter 18 Homework Assignments Exercise 18-4 Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Exercise 18-1 CarTruck Exercise 18-8 (Essay) Exercise 18-9 42,500 12,000 Estimated wheels produced Direct labor hours per wheel Total estimated overhead costs for the two product lines are $803,000. Review Score Review Results by Study Objective Your answer is correct. Calculate overhead rate. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rate 10.23 per direct labor hour VIDEO: SIMILAR EXERCISE Your answer is correct. Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to allocate overhead costs. (Round answers to 0 decimal places, e.g. 1,575.) Car wheels 434775 Truck wheels 368280 VIDEO: SIMILAR EXERCISE

Explanation / Answer

the following is the assignment of cost:

overhead rates setting up machine $225 assembling ($306,000/ 78,500) $3.90 inspection ($272,000/1,200) $226.67

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.