TyeDye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to manufacture the Party Line and 93,500 direct labor hours to manufacture the Holiday Line. Overhead consists of $225,000 in the machine setup cost pool and $149,960 in the packaging cost pool. The machine setup pool has 52,000 setups for the Party product and 98,000 setups for the Holiday product. The packaging cost pool has 26,000 parts in the Party product and 39,200 parts for the Holiday product. Using the traditional cost method of direct labor hours, what is the predetermined overhead rate?   a.$3.80 per direct labor hour b.$2.15 per direct labor hour c.$1.50 per direct labor hour d.$2.30 per direct labor hour

Q: Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $160, and 26,000…

A: The traditional allocation method refers to the allocation of factory overheads to the products…

Q: Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $180, and 27,000…

A: Gross profit = Sales revenue - Total Manufacturing costs  It is pertinent to note that under the…

Q: Emerald Ltd produces two products - the ‘Opal’ and the ‘Ruby’. Total overhead costs for the period…

A: Following is the answer of given question

Q: McDaniel Company manufactures 100-pound bags of fertilizer that have the following unit standard…

A: Material price variance  =  Actual quantity ×(standard rate - Actual rate)

Q: Aquamarine Factory produces two products: table lamps and desk lamps. It has two separate…

A: Formula: Predetermined overhead rate = Factory overhead / direct labor hours Division of factory…

Q: Yuma, Inc. manufactures teddy bears and dolls. Currently. Yuma makes 2,000 teddy bears each month.…

A: Total Manufacturing Cost:-It is a total cost that includes the direct and indirect cost of…

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Units = 5,000 Direct material = 1 Direct labor = 0.50 Cutting = 7,500 Finishing = 12,000

Q: The Bright Lamp Company has budgeted its conversion cost for the small lamp production as $85,000…

A: Answer

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Under activity based costing, all overhead and indirect costs are allocated on the basis of…

Q: Patel and Sons Inc. uses a standard cost system to apply factory overhead costs to units…

A: Fixed Overhead Spending Variance is the difference between the Actual Fixed Overhead Cost and…

Q: Alibangbang Company produces 100,000 units of Part 34B, used in one of its snowblower engines, each…

A: Variable cost means the cost which vary with the level of output where as fixed cost remain fixed…

Q: TyeDye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to…

A: Predetermined Overhead Rate: Predetermined overhead rate is a measure used to allocate the estimated…

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Overhead Allocation Rate = Estimated factory Overhead Cost / Estimated Direct Labor hours Overhead…

Q: Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin…

A: Lets understand the basics. For calculating cost per unit, we will need to use below formula. Cost…

Q: Toyang Inc. produces 100,000 units of Part 34B, used in one of its snowblowerengines, each year. An…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Solution...     Departmental overhead rate  = estimated overhead costs ÷ estimated direct labour…

Q: A company incurs $1220000 of overhead each year in three departments, Processing, Packaging, and…

A: Department Cost Divide by: Use of Cost Driver Cost per driver Processing $496000…

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Under activity based costing, all indirect costs or overheads are allocated to products or jobs, on…

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: The manufacturing cost is the cost incurred to manufacture the products during the period.

Q: Five Card Draw manufactures and sells 25,000 units of Diamonds, which retails for $180, and 26,000…

A: Compute the overhead cost by dividing total estimated overhead of $512,000 by direct labor hours…

Q: Carlton's Kitchens makes two types of pasta makers: Strands and Shapes. The company expects to…

A: Particulars Strands Shapes Direct Materials  $8 $12 Direct labour  $75 $50 Manufacturing…

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Manufacturing cost is the total expense occur on manufacturing of goods or services rendered. It…

Q: Lane Company manufactures a single product that requires a great deal of hand labor. Overhead cost…

A: Solution:- 3B) Computation of  Manufacturing Overhead T-account for the year as follows under:-

Q: The Kaumajet Factory produces two products-table lamps and desk lamps. It has two separate…

A: Finishing Department's rate = $550,000 / 500,000 DLHs = $1.10 Production Department's rate =…

Q: Deoro Company has identified the following overhead activities, costs, and activity drivers for the…

A: 1. Determine the unit cost for each model using direct labor hours to apply overhead.

Q: TyeDye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to…

A: Predetermined overhead rate: Predetermined overhead rate is calculated befor the period begins. This…

Q: XYZ Co. manufactures baseball bats and wooden tops . Currently , the company makes 5,000 baseball…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: he Heater product and 3,400 on the Massager. Younger's total material handling costs are $2,000,000…

A: manufactures recliners for the hotel industry     overhead would be assigned to the Heater product…

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Answer - c) $8.54

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Overhead:  It is a cost that very important to run the organization. It is divided into two types…

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Departmental overhead rate = Estimated overhead cost/ Eatimated labour hours

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Factory overhead rate is the amount at which the overheads are allocated among various products,…

Q: pany makes 420 units of product YBY a year, requiring a total of 460 machine-hours, 80 orders, and…

A: Activity-based costing is one of the costing methods that allocates overhead and indirect costs that…

Q: Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin…

A: Workings:

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Predetermined overhead rate = Total estimated factory  overhead costs / total estimated direct labor…

Q: Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments:…

A: Activity-based costing (ABC): It is a costing method in which overhead and indirect costs are…

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Product cost are costs incurred to make a product i.e directly related to the production process.

Q: Tie-dye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to…

A: Formulas: Predetermined overhead rate = Total overhead / Direct labor hours

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other…

A: Plantwide predetermined overhead allocation rate =  Plant’s Total estimated overhead/ Plant’s Total…

Q: Medical Tape makes two products: Generic and Label. It estimates it will produce 404,444 units of…

A: Activity based costing is a type of costing, under which all indirect costs and overhead costs are…

Q: makers: Strands and Shapes. The company expects to manufacture 70,000 units of Strands, which has a…

A: A.What is the per-unit cost for each product under the traditional allocation method? Particulars.…

Q: Vandalay Industries manufactures two products: toasters and blenders. The annual production and…

A: Cost pool Activity Rate = Estimated Overhead/ Estimated Activity

Q: TyeDye Lights makes two products: Party and Holiday. It takes 80,900 direct labor hours to…

A: Predetermined overhead rate: Predetermined overhead rate is calculated befor the period begins. This…

Q: XYZ Co. manufactures baseball bats and wooden tops. Currently, the company makes 5,000 baseball bats…

A: Activity based costing system is a costing system in which all indirect costs are allocated to…

Q: PPP, Inc. manufactures teddy bears and dolls. Currently, PPP makes 2,000 teddy bears each month.…

A: Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead

Q: Five Card Draw manufactures and sells 24,000 units of Diamonds, which retails for $160, and 28,000…

A: Gross Profit: Gross Profit is the amount that is calculated by deducting the cost of goods sold from…