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4 2 of 2 02:49:43 Required information Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost $
4 2 of 2 02:49:43 Required information Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost $ 1,200,000 Direct labor hours Machine hours Assembly 12,000 direct labor hours 4,000 machine hours Finishing $ 800,000 20,000 direct labor hours 16,000 machine hours Allocate overhead to a job that uses 80 direct labor hours in the Assembly department and uses 30 machine hours in the Finishing department. Answer is complete but not entirely correct. Department Departmental Overhead Rate Hours Used Overhead Allocated Assembly $ 80 per machine hour 50MHS $ 4,000 Finishing $ 30 per direct labor dollar O 100 3,000 Total $ 7,000
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