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Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,600 of direct materials. $6,966 of direct labor, and $10,160 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20,00 per direct labor-hour. During May, the following activity was recorded: $ 9,300 $38,800 $40,100 Raw materials (all direct materials): Beginning balance Purchased during the month Used in production Labor: Direct labor-hours worked during the month Direct labor cost incurred Actual manufacturing overhead costs incurred Inventories: Raw materials, May 30 Work in process, May 30 2,700 $25,310 $34,100 2 $17,145 Work in process inventory on May 30 contains $3,885 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The cost of goods manufactured for May was: Arrojo Corporation manufactures two products: Product X71B and Product C911. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional Information is available for the company as a whole and for Products X718 and 2911. Activity Cost Pool Machining Machine setups Product design Order size Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Total Cost $ 275,000 $ 210,000 $ 48,000 $. 300,000 Total Activi 11,000 MHS 350 setups 2 products 10,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product X71B C911 5,000 6,000 220 130 1 1 6,000 4,000 Using the plantwide overhead rate, how much manufacturing overhead cost would be allocated to Product X718? Cumberland Enterprises makes a variety of products that it sells to other businesses. The company's activity-base costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below: Activity Cost Pool Supporting assembly Processing batches Processing orders Serving customers Activity Measure Direct labor-hours (DLHS) Number of batches Number of orders Number of customers Activity Rate $ 5.65 per DLH $ 146.65 per batch $ 80.05 per order $ 2,663.00 per customer The cost of serving customers, $2,663.00 per customer, is the cost of serving a customer for one year. Steckman Corporation buys only one of the company's products which Cumberland Enterprises sells for $22.05 per unit. Last year Steckman Corporation ordered a total of 1,200 units of this product in 4 orders. To fill the orders, 8 batches were required. The direct materials cost is $7.65 per unit and the direct labor cost is $5.20 per unit. Each unit requires 0.30 DLHs. According to the ABC system, the customer margin for this customer this past vear was closest to A partial listing of costs incurred during March at Febbo Corporation appears below: Factory supplies Administrative wages and salaries Direct materials Sales staff salaries Factory depreciation Corporate headquarters building rent Indirect labor Marketing Direct labor $ 9,000 $ 85,000 $ 126,000 $ 30,000 $ 33,000 $ 43,000 $ 26,000 $ 65,000 $ 99,000 The total of the period costs listed above for March is: The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Department A and on machine-hours in Department B.AL the beginning of the year, the Corporation made the following estimates: Direct labor cost Manufacturing overhead Direct labor-hours Machine-hours Department A $ 60,000 $ 90,000 6,000 2,000 Department B $ 40,000 $ 45,000 9,000 15,000 What predetermined overhead rates would be used in Department A and Department B, respectively? The following accounts are from last year's books at Sharp Manufacturing: 156, 400 20 519,600 Raw Materials Debit Credit Balance 0 (b) (a) 170,000 13,600 Work In Process Debit Credit Balance 0 (f) (b) 133,200 (c) 170,400 (e) 216,000 0 Finished Goods Debit Credit Balance (f) 519,600 47,600 Manufacturing Overhead Debit Credit (b) 23,200 (e) (c) 27,200 (d) 158,400 O(g) 472,000 216,000 7,200 Cost of Goods Sold Debit Credit (g) 472,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the
