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Answer Questions 6,7 and 8 depends on the following information Petra Company has two departments, X and Y. Overhead is allocated based on direct labor
Answer Questions 6,7 and 8 depends on the following information Petra Company has two departments, X and Y. Overhead is allocated based on direct labor cost in Department X and machine hours in Department Y. The following additional sinformation is available Budgeted Amounts Department X Department Y Direct labor cost $180,000 $165,000 Overhead costs $90,000 $200,000 Machine-hours 51,000 mh 50,000 m Actual data for Job #25 Department X Department Y Direct materials requisitioned $15,000 $18,000 Direct labor cost $11,000 $14,000 Machine-hours 5,000 mh 3,000 mh Compute the budgeted overhead rate for Department X 50$. $5.25 125% 7 ?What is the total overhead cost of Job 25 $45000 O $55780 0 $17500 O $28750 O 3 () 8 If Job 25 consists of 50 units of product, what is the profit per unit if selling price is $2,000 ?per unit $1510 O $490 O $1463 0 $265 0
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