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All data is the same for all questions. Use top photo. The Gilster Company, a machine tooling firm, has several plants. One plant, located in

All data is the same for all questions. Use top photo.
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image text in transcribed
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The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a job order costing system for its batch production processes. The St. Cloud plant has two departments through which most jobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $250,000. During the past year, actual plantwide overhead was $240,000. Each department's overhead consists primarily of depreciation and other machine related expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. Department Department $ 162,000 170,000 $546,000 564,000 Budgeted department overhead (excludes plantad de overhead) Actual department overhead Expected total activity: Direct labor hours Machine-hours Actual activity: Direct labor hours Machine-hours 54,000 12,000 15,000 52,000 14,000 54,800 55,500 12,700 For the coming year, the accountants at the St. Cloud plant are in the process of helping the salesforce create bids for several jobs, Projected data pertaining only to job no. 110 are as follows $21,000 Direct wateros Direct labor cost Department A (2,400 hr) Department (800 hr) Machine-hours projected Department A Departments Units produced 36.000 10,000 160 1.200 11,000 Required: 0-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. 0-2. What is the expected cost per unit produced for job no. 1107 Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 What is the expected cost per unit produced for Job na 1102 (Round your intermediate calculations and final answer to 2 decimal places) Manufacturmo costs for Job 110 per unit 1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 22 percent to total manufacturing costs. What would be the bid for Job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 22 percent to total manufacturing costs. What would be the bid for Job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. Reg C Reg C2 Req C3 The soles policy at the st. Cloud plant dictates that job bids be calculated by adding 22 percent to total manufacturing costs What would be the bid for job no. 110 using the overhead rate from part b? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Bid price f. Would your response to parte change if the St. Cloud plant could use the facilitles necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $23,000? Incremental profit camned by producing the other job incremental cost of buying the parts from the subcontractor increase in total profits

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