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Towson Manufacturing Corporation - Overhead application: Working backward  - 3 Dec, 2012

Overhead application: Working backward

The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional information is presented for your review:

                                                             Division A      Division B

Actual machine hours                               22,500             ?

Estimated machine hours                         20,000              ?

Overhead application rate                       $4.50               $5.00

Actual overhead                                    $110,000        ?

Estimated overhead                              ?                      $90,000

Applied overhead                                 ?                      $86,000

Over- (under-) applied overhead         ?                        $6,500

FIND THE UNKNOWNS FOR EACH OF THE DIVISIONS.



Category : Cost Accounting

Search Keywords :
Towson , Manufacturing , Working , Backwards , Unknows , Overhead , Divisions 


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Answer  - 3 Dec, 2012
Division A Overhead application rate = Estimated Overhead/Estimated mac....


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