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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 Direct labor hours Machine hours Assembly 10 hours 1 hour Tabrication 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. How much manufacturing overhead would be applied from the Assembly Department to Job Z? 4. At the beginning of the year, a company estimated a predetermined plantwide overhead rate of 140% of direct labor cost. Job X was charged $200 and $250 for direct materials and direct labor, respectively. How much manufacturing overhead was applied to Job X? Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during July- Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z: 11 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor hours to be worked Total actual manufacturing overhead costs incurred $14,000 $ 1.00 2,000 $12,800 Direct materials Direct labor cost Actual direct labor hours worked Job Y Job 2 $13,000 $8,000 $21,000 $7,500 1,400 500 What is the plantwide predetermined overhead rate? Assume (1) a company's plantwide predetermined overhead rate is $13.00 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. If Job X contains 52 units, then its unit product cost is closest to

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