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The Pacific Manufacturing Company Operates A Job-order Costing System And Applies Overhead Cost To

ACCOUNTING HELP! manufacturing overhead!!!!!?

The Pacific Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. Its predetermined overhead rate was based on a cost formula that estimated $113,100 of manufacturing overhead for an estimated allocation base of $87,000 direct labor dollars. The company has provided the following data:

Beginning Ending
Raw Materials $ 26,000 $ 14,000
Work in Process $ 48,000 $ 37,000
Finished Goods $ 72,000 $ 59,000

The following actual costs were incurred during the year:


Purchase of raw materials (all direct) $ 137,000
Direct labor cost $ 83,000
Manufacturing overhead costs:
Insurance, factory $ 10,900
Depreciation of equipment $ 16,000
Indirect labor $ 30,200
Property taxes $ 8,000
Maintenance $ 12,000
Rent, building $ 34,000






1. Compute the amount of underapplied overhead for the year.

2. Compute the amount of manufacturing overhead applied to work in process



thank you!

Help in Managerial Accounting Homework?

The Pacific Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. Its predetermined overhead rate was based on a cost formula that estimated $120,400 of manufacturing overhead for an estimated allocation base of $86,000 direct labor dollars. The company has provided the following data:

Beginning Ending
Raw Materials $ 20,000 $ 11,000
Work in Process $ 49,000 $ 36,000
Finished Goods $ 72,000 $ 56,000

The following actual costs were incurred during the year:


Purchase of raw materials (all direct) $ 137,000
Direct labor cost $ 82,000
Manufacturing overhead costs:
Insurance, factory $ 9,200
Depreciation of equipment $ 19,000
Indirect labor $ 35,800
Property taxes $ 9,000
Maintenance $ 12,000
Rent, building $ 33,000



1-b.
Compute the amount of under-applied or over-applied overhead for the year. (Input the amount as a positive value. Omit the "$" sign in your response.)

overhead $


What is the Overhead applied in Work in Process?

Why don't trains in the US have electric locomotive engines? Aren't they more efficient than diesel locomotives?

One of the main reasons is the sheer size of the two countries that make up North America. Canada is the second largest country in the world and America only slightly smaller in area. Both countries are part of an integrated railway system that uses common standards and procedures. Thousands of rail cars cross the Canada/US border every day. 99% are freight.The cost to electrify and maintain the system would be enormous mainly due to the distances involved and the size and weight of the trains. It is also not necessary. There is no shortage of oil in North America to make diesel fuel so the cost is reasonable. Testing is being done about using compressed natural gas (CNG) as a cleaner alternative. Again, there is no shortage of natural gas in North America and the cost is very reasonable.Where electrification makes sense it will be used and is being used mainly for passenger trains.North American trains are primarily freight haulers and they are big. 2 Km long trains with 4 or 5 locomotive hauling freight cars each carrying 100 ton loads of corn, soy beans, wheat, canola, barley, lentils etc for export around the world are common. That is just foods. Add coal, metal ores and general freight The totals are huge.

Why has the speed of airliners remained more or less a constant over the years? Can we expect to fly from Toronto to Melbourne in an hour by 2050?

TL;DR We don't have faster planes because people can't afford to ride in them. Yes we could build planes that fly much faster, but there are good reasons we don't:Super-sonic flight is not permitted over most countries (including the US) because of the "sonic boom" that is created by the aircraft. That's why the Concorde flew routes mostly over oceans (i.e. New York to London), but not routes mostly over land (i.e. New York to Los Angeles).Wind resistance (aka aerodynamic drag) increases exponentially as an aircraft's speed increases. The amount of fuel required to reach and maintain high speeds also increases exponentially. Fuel is the single largest operating cost for most airlines. It's more than 50% of all operating costs. Most of your ticket price is paying for the jet fuel.The amount of time that could be saved on an average flight is extremely low, but the difference in cost would be several times the current ticket prices. Very few people are willing (or able) to pay that much money to save a an hour or two of time. Would you?A Boeing 777 cruises at Mach 0.85, and the Concorde cruised at Mach 2. From NY to London that translates to saving 4 hours of flight time, but most of the daily flights on earth are US domestic flights; they're a lot shorter.From NY to LA (one of the longer US domestic routes) the total time saved by using super sonic flights would be less than 2:45 (on a ~5:00 flight). Most routes would save significantly less time. How much is 1-2 hr of your time worth? Because for the price you'd pay for an economy seat on super-sonic flight you could probably charter a private jet and fly in style.Most flyers book flights with stops and lay-overs because those routes are cheaper. Relatively few flyers are even willing to pay a 10%-50% premium for a direct flight, and that saves them time and the significant inconvenience of changing planes!

How did technological development shape human history from 12,000 bc to 15 century?

what was invented?
roads, ( easier transportation of goods + war)
deep ocean boats ( new worlds)
just off the top of my head

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