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Assume a company has two manufacturing departments - Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The

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Assume a company has two manufacturing departments - Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The first set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data below is actual data for the company as a whole that was derived at the end of the year. The third set of data relates to one particular job completed during the year, Job Z. Budgeted Data Manufacturing overhead costs Direct labor hours Machine hours Assembly Fabrication $300,000 $400,000 25,000 15,000 10,000 50,000 Actual Data Manufacturing overhead costs Direct labor hours Machine hours Assembly Fabrication $330,000 $ 380,000 27,000 16,000 10,500 48,000 Job z Direct labor hours Machine hours Assembly 10 hours 1 hour Fabrication 2 hours 7 hours Assume the company uses departmental predetermined overhead rates. It uses direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication. What is the predetermined overhead rate in the Assembly Department? Assume that a company pays a 5% sales commission. Also, assume (1) a company's plantwide predetermined overhead rate is $12.00 per direct labor-hour, and (2) its job cost sheet for Job X shows that this job used 18 direct labor-hours and incurred direct materials and direct labor charges of $500 and $360, respectively. What is the total cost of Job X? Multiple Choice $1,086.80 $716.00 $1,076.00 $1,129.80

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