Overhead calculations

Related BrainMass Solutions

• Riverston has a single plantwide overhead account. Actual machine minutes on the NC machine are used to distribute overhead to the two products. There were no beginning inventories of work in process or finished goods. The following table summarizes the planned and actual production data for the year... Calculate the over- or under absorbed overhead for the year. What is the difference between absorption net income and variable costing income given theses new assumptions?

  Calculate the overhead absorption rate set at the start of the year. Show calculations step by step. ii. Calculate the over- or under absorbed overhead for the year. Show calculations step by step. iii.

• Silverstone: Fixed Overhead Standard Cost Variances

  Calculate the over- or under-applied fixed overhead for March. (Round your intermediate calculations to 2 decimal places and round your answers to a whole number.) e.

• Short Finance Case

  Now if we make activity based calculations, for pumps we have materials cost of 20, direct labor 8, and overhead 20.79 giving us a unit cost of 48.79.

• Calculations Around a Water Plant's Overhead

  The solution explains how to calculate the overhead rate, overhead applied, under or over applied overhead and the impact on the income statement in an attachment with step-by-step calculations.

• Predetermined Overhead Rate

  Therefore, it is advisable to allocate overhead cost on the basis of machine hours. Solution shows calculations of the predetermined overhead rate using direct labor costs and machine hours as the allocation base.

• Variable Overhead Variances

  Thank you Excel file shows calculations of variable overhead spending variance and a variable overhead efficiency variance.

• Factory Overhead, Actual Costs and Normal Costs

  453694 Factory Overhead, Actual Costs and Normal Costs Please help with the following problem about accounting. Provide step by step calculations. Jo Company actually incurred $400,000 of factory overhead during 2011.

• Credit Sales/Overhead Costs

  Solution contains calculations of cash receipts and overhead costs.

• Close manufacturing overhead, over under applied overhead

  -Prepare the journal entries to record the closing-out of the balance in manufacturing overhead to the appropriate accounts, and show any necessary calculations in the notes of the journal entry. Your tutorial is attached.

• Job order costing for AHDI Corporation: Under/Over Applied O

  Your calculations are in Excel for you so you now have a template to use for other similar problems. The solution discusses the job order costing for AHDI corporation regarding under/over applied overhead.