Answered step by step
Verified Expert Solution
Question
1 Approved Answer
26. The following table details the current costs and particular data of the job order # 501 ALL INFORMATION REPRESENTS S SS: DEPARTMENT DEPARTMENT TO
26.
The following table details the current costs and particular data of the job order # 501 ALL INFORMATION REPRESENTS S SS: DEPARTMENT DEPARTMENT TO 106.500 8,100 66000 500 131588 6,600 4509 9,750 600 Purchased Materials Direct Materials Used (DM Used) Direct Labor (DL) indirect Labor Indirect Materials Used Lease Public Services (Utilities) 32.100 5,400 2,850 2250 750 dom The SCOTUS Corporation manufactures sportswear that protects against the sun's rays and also maintains body temperature at healthy levels even in extreme weather conditions. Departments I and II budgeted their indirect manufacturing costs during May 2021 based on 10,000 machine hours and 5,000 direct labor hours respectively. The costs Manufacturing indirect budgeted for departments I and II were $ 34,500 and S 37,500 respectively. SCOTUS uses an order cost system based on normal cost. Job # 1128 used 1,000 machine hours on the Departmentoly 300 hours of direct labor in Department II. Compute the indirect cost allocation rate for the Department to. $ 7.50 (b. $ 3.75 Oc. $ 6.90 Or d. $ 3.45 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started