2b, 4a, and 4b, please.
Case Study #20 Saved 1 PICI ILVIUE Nieuelenu uverneau Iate vaSEU UIT UNELLIOVUI LUSL LU APP ILS CHIOLLUMIY UveMeou (assumeU LU UE au neu lu jobs. The following estimates were made at the beginning of the year: Department Fabricating Machining $381,500 $436,000 $ 218,000 $109, eee 10 points Manufacturing overhead Direct labor Assembly $ 98,188 $. 327,080 Total Plant $ 915,6ee $ 654, eee Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: eBook Print Direct materials Direct labor Manufacturing overhead Fabricating $ 4,800 $ 6,400 ? Department Machining $ 500 $ see ? Assembly $3,200 $8,eee ? Total Plant $ 8,500 $15,200 ? References Required: 1. Using the company's plantwide approach: a. Compute the plantwide predetermined rate for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions: a.Compute the predetermined overhead rate for each department for the current year. b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. 4. Assume that it is customary in the Industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). a.What was the company's bid price on the Koopers Job using a plantwide predetermined overhead rate? b.What would the bid price have been If departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 4A Required 4B Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. Manufacturing overhead cost applied Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 4A Required 48 Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? Company's bid price Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 4A Required 48 Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead). What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Manufacturing overhead cost applied
