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Agassi Company uses a job order cost system in each of its three manufacturing departments Manufacturing overhead is applied to jobs on the basis of
Agassi Company uses a job order cost system in each of its three manufacturing departments Manufacturing overhead is applied to jobs on the basis of direct labor cost in Department direct labor hours in Department and machine hours in Department in establishing the predetermined overhead rates for 2020, the following estimates were made for the year. Department Manufacturing overhead Direct labor costs Direct labor hours Machine hours $777,000 51 110.000 100.000 400.000 $1.500,000 $1.250,000 125.000 500.000 $900.000 $450.000 40.000 120.000 Durinary the Job cost sheets showed the following costs and production data Department Direct materials used Direct labor costs Marutacturing overhead incurred Direct labor hours Machine hours $140,000 $120.000 $99.000 3.000 34.000 $126.000 $110.000 512000 11,000 45.000 $78.000 $37.500 $79.000 3.500 10410 la) Your awer is correct Compute the predetermined overhead rate for each department. (Round answers to decimal places. 12.50 o 12.50K) Overhead rate 20 Department 5 12 per direct obor hour Department Department 5 7,50 per machine hour Textbook and Media (b) Your answer is correct Compute the total manufacturing costs and to low in January in each department Manufacturing Costs 42XIO 5 Department Det 5 2000 Department e Textbook and Media la) Compute the under or overapplied overhead for each department at January 31 Manufacturin Overhead Department S Department 5 Department $ Textbook and Media
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