Accounting
MJJUITIC UIUL UIC CUIMPUNLy USES U PIUIT total manufacturing cost assigned to Job E. (Do not round intermediate calculations.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours a 7 markup of 80% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (Do not round in calculations.) e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation departments. What is the departmental predetermined overhead rate in the Molding department? (Round your answ places.) f. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation production departments. What is the departmental predetermined overhead rate in the Assembly department? (Rou to 2 decimal places.) g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation production departments. How much manufacturing overhead will be applied to Job E? (Do not round intermediat a. Predetermined overhead rate per MH b Manufacturing overhead applied C. Manufacturing cost d. Selling price e Molding predetermined overhead rate per MH f. Assembly predetermined overhead rate per MH 9. Manufacturing overhead applied job E Prev 27 of 28 NextHarnett Corporation has two manufacturing departments--Molding and Assembly. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Molding Assembly Total Estimated total machine-hours (MHs) 4,000 6,000 10,000 Estimated total fixed manufacturing overhead cost $18,000 $33,000 $51, 000 Estimated variable manufacturing overhead cost per MH 3.00 S 6.00 During the period, the company started and completed two jobs--Job E and Job M. Data concerning those two jobs follow: Job E Job M Direct materials $16, 000 $9, 400 Direct labor cost $22 , 700 $9, 700 Molding machine-hours 1, 250 2 , 750 Assembly machine-hours 1, 250 4 , 750 Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calcula overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calcula amount of manufacturing overhead applied to Job E. (Do not round intermediate calculations.) . Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calcula otal manufacturing cost assigned to Job E. (Do not round intermediate calculations.) . Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and use arkup of 80% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (Do not round interme alculations.) Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in partments. What is the departmental predetermined overhead rate in the Molding department? (Round your answer to 2 aces.) JUN atv A
