Accounting assessment

by | Nov 11, 2021 | Homework Help

Provide a 2 pages analysis while answering the following question: Accounting assessment. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Answers to Question a) The two feasible overhead rates for the year are either the Direct Labor Hours Rate (DLHR) or the Machine Hour Rate (MHR).DLHR = (Total manufacturing overhead/Direct labor hours) = (40+200+38+4+6+600+130+402+100), 000/ (100,000) = 1520000/100000 = 15.2 pounds per DLHMHR= (1520000/90000) = 16.9 pounds per MH(b) The full costing for order No. 101 using each of the rates will be as follows.Based on DLHR = (15.2*4000) pounds = 60,800 poundsTherefore. Raw Material…… 5000 DLC…………….. 60,800 65,800 poundsBased on MHR = (16.9*1900) pounds = 32110 poundsTherefore. Raw Material…..

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