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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 Assembly Fabrication Manufacturing overhead costs $300,000 $ 400,000 Direct labor hours 25,000 15,000 Machine hours 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 (1) estimated fixed manufacturing overhead for the coming period of $218,000, (2) estimated variable manufacturing overhead of $200 per direct labor hour and (3) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to 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 3 Direct labor hours Machine hours Assembly 10 hours 1 hour Fabrication 2 hours 7 hours the company uses a plantwide approach for applying overhead to production with direct labor-hours as the allocation base, what would be the company's plantwide predetermined overhead rate? 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. What is the total job cost for Job X

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