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2 () 6 Answer Questions 6,7 and 8 depends on the following information * Petra Company has two departments, X and Y. Overhead is allocated
2 () 6 Answer Questions 6,7 and 8 depends on the following information * Petra Company has two departments, X and Y. Overhead is allocated based on direct labor cost in Department X and machine-hours in :Department Y. The following additional information is available Budgeted Amounts Department X Department Y Direct labor cost $180,000 $165,000 Overhead costs $540,000 $200,000 Machine-hours 51,000 mh 50,000 mh Actual data for Job #25 Department X Department Y Direct materials requisitioned $15,000 $18,000 Direct labor cost $11,000 $14,000 Machine-hours 5,000 mh 3,000 mh Required Compute the budgeted overhead rate for Department X 125% $5.25 $3 50$. 2 () 7 ?What is the total overhead cost of Job 25 $17500 $28750 $45000 $55780 3 () 8 a If Job 25 consists of 50 units of product, what is the profit per unit if ?selling price is $3,000 per unit $490 $940 $1510 $265
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