Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A corporation has two manufacturing department --Molding and Price. The company beginning of the year to calculate predetermined overhead rates Molding Finishing Toul Estimated total

image text in transcribed
A corporation has two manufacturing department --Molding and Price. The company beginning of the year to calculate predetermined overhead rates Molding Finishing Toul Estimated total machine-hours (MH) 6500 3500 10000 Estimated total fixed manufacturing overhead $14.000 $4200 518200 cost Estimated variable manufacturing overhead $ 1.00 52.00 cost per MH During the year, the company started and completed two jobs-Job A and Job M. There were no begin.be concerning those two jobs follow: JobM $ 8300 $ 9500 4000 1000 JobA Direct materials $15,800 Direct labor cost $22,600 Molding machine-hours (MHs) 2500 Finishing machine-hours (MHs) 2500 Assume that the company uses a PLANTWIDE predetermined manufacturing overhead rate based on white total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal the molding machine hours and the finishing machine hours. $34,650 $9.500 30,480 $33.650

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Audit Of Police Oversight In Africa

Authors: African Police Oversight Forum

1st Edition

1920299173, 978-1920299170

More Books

Students also viewed these Accounting questions