Question & Answer: value 10.00 points In December 2010, Kent Computer's management establishes the year 2011 predetermined overhead rate based on di…..

value 10.00 points In December 2010, Kent Computers management establishes the year 2011 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $756,000 of overhead costs and $540,000 of direct labor cost in year 2011. During March 2011, Kent began and completed Job No. 13-56 I. What is the predetermined overhead rate for year 2011 ? (Omit the % sign in your response.) Predetermined overhead rate 2. Use the information on the following job cost sheet. JOB COST SHEET Customers Name Keiser Co Job No. 13-56 Job Description 5 color monitors-21 inch Overhead Costs Applied Direct Materials Direct Labor Date Requisition No. Amount Time-Ticket No. Amount Rate Amount Mar. 8 Mar. 11 Mar. 18 4-129 4-142 4-167 $5,000 7,050 3,550 T-306 T-432 T-456 $ 640 1,280 1,280 Totals Determine the total cost of the job. (Omit the S sign in your response.) Total cost of the job

value 10.00 points In December 2010, Kent Computer’s management establishes the year 2011 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $756,000 of overhead costs and $540,000 of direct labor cost in year 2011. During March 2011, Kent began and completed Job No. 13-56 I. What is the predetermined overhead rate for year 2011 ? (Omit the ‘%” sign in your response.) Predetermined overhead rate 2. Use the information on the following job cost sheet. JOB COST SHEET Customer’s Name Keiser Co Job No. 13-56 Job Description 5 color monitors-21 inch Overhead Costs Applied Direct Materials Direct Labor Date Requisition No. Amount Time-Ticket No. Amount Rate Amount Mar. 8 Mar. 11 Mar. 18 4-129 4-142 4-167 $5,000 7,050 3,550 T-306 T-432 T-456 $ 640 1,280 1,280 Totals Determine the total cost of the job. (Omit the “S” sign in your response.) Total cost of the job

Expert Answer

 

Don't use plagiarized sources. Get Your Custom Essay on
Question & Answer: value 10.00 points In December 2010, Kent Computer's management establishes the year 2011 predetermined overhead rate based on di…..
GET AN ESSAY WRITTEN FOR YOU FROM AS LOW AS $13/PAGE
Order Essay

since multiple questions are posted the first appearing questions are answered below:

15. Kent computer problem

1. Predetermine overhead for the year 2011.

estimated overhead cost / estimated direct labour cost => $756,000 / $540,000 =>140%.

2.Total cost of the job.

Date Requisition Amount Time ticket No Amount Rate Amount
Mar 8 4-129 5,000 T-306 $640 140% $896
mar 11 4-142 7,050 T-432 $1,280 140% $1,792
mar 18 4-167 3,550 T-456 $1,280 140% $1,792
Totals $15,600 $3,200 $4,480

Now,

total cost of the job.

Direct materials (5,000 +7,050,+3,550) $15,600
Direct labour (640 +1280 +1280) $3,200
Overhead (3,200 *140%) $4,480
Total cost of the job $23,280

Grand Paper Writers
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All papers are written by the best professional writers to ensure 100% originality. We always provide plagiarism reports whenever we deliver completed papers.

Free Revisions

All papers by Grand Paper Writers are completed and submitted on time. This timely delivery of papers gives you time to go through the paper before the official deadline.

Title-page

As an additional service, we will provide a title page that precedes the contents of your paper. Here, you will provide your personal details.

Bibliography

We also ensure that we provide an extra page for the references or bibliographies following referencing rules.

Originality & Security

At Grandpaperwriters.com, we guarantee students for the provision of security and original work. All your personal information is handled with confidentiality and is not shared with third parties. Additionally, we ensure that we provide original content with accompanying plagiarism reports to show originality.

24/7 Customer Support

Our customer support team is always available 24/7 to provide instant responses to any queries raised by students.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Grandpaperwriters.com has the best professional essay writers for quality services.

Pricing

Flexible Pricing

Here, a Grandpaperwriters.com, we do not compromise on the time of our clients. We always deliver all completed papers on or before the deadlines.

Communication

Admission Help & Client-Writer Contact

Grandpaperwriters.com provides an interactive portal where students can communicate directly to their writers.

Deadlines

Paper Submission

Here, a Grandpaperwriters.com, we do not compromise on the time of our clients. We always deliver all completed papers on or before the deadlines.

Reviews

Customer Feedback

Grandpaperwriters.com appreciates feedback from our clients to help us improve the delivery of essay writing services. As such, we are constantly changing our policies to ensure maximum customer and writer satisfaction.