Question
1.Beyonce has two manufacturing departments - A & B and uses departmental rates for applying overhead. If the predetermined overhead application rate for A is
1.Beyonce has two manufacturing departments - A & B and uses departmental rates for applying overhead. If the predetermined overhead application rate for A is $38 per direct labor hour, the predetermined overhead application rate for B is $77 per machine hour and the following information pertains to Job 4:
A B
Direct materials $680 $454
Direct labor $49 $125
Job 4 incurred 6 direct labor hours and 5 machine hours and consists of 76 units
What is the total manufacturing cost PER UNIT of Job 4?
ONLY round your final answer to 2 decimal places. Do not round intermediate calculations.
2. P. Diddy Corp estimates total fixed manufacturing overhead cost at $6497, estimated variable manufacturing overhead of $28 per direct labor hour, and total direct labor hours of 649. Compute Estimated Total Manufacturing Overhead.
Round ONLY your final answer to the nearest dollar. Do not round intermediate computations.
3. A company uses a job-order costing system with overhead applied to products plant-wide on the basis of direct labor hours. For the upcoming year, they estimated total manufacturing overhead cost (both fixed & variable) at $1634 and total direct labor hours of 1324.
During the year actual overhead incurred was $1426 and 1216 direct labor hours were used. Calculate applied overhead. Round ONLY your final answer to the nearest dollar. Do not round intermediate calculations.
Hint: Consider what data (estimate or actual) we use to compute the predetermined application rate and which we use to apply it.
Hint: You may find it helpful to first complete all the computations for Cardi Corp.
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