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AutoSave Chapter 2xcel, Notes Protected View Page Layout Formulas Data Review View Help O NOTICTD VIEW Beresfrom there ancorare Unless you need to edit seta

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AutoSave Chapter 2xcel, Notes Protected View Page Layout Formulas Data Review View Help O NOTICTD VIEW Beresfrom there ancorare Unless you need to edit seta stay in Protected View Enable Editing HOS X H 1 J M i Calculate the total job cost of order 407 Milling Assembling D F G 1 1 Chapter 2 Mults Department obOrder Costs Dickson Company has two production departments, Milling and Assembly. The company uses a job order costing system and computes a predetermined overhead rate in each production department. The predetermined overhead rate in the Milling Department is based on machine 5 hours and in the Assembly Department it is based on direct labor-hours. The company uses cost- plus prion and a markup percentage of of total manufacturing cost) to establish selling prices for all of its jobs. At the beginning of the year, the company made the following estimates: 8 Department 90 Mling Assembly 11 Machine hours 60.000 12 3,000 11 Direct labor hours 80,000 14 Totalfoed manufacturing overhead cost $390,000 $500,000 15 Variable manufacturing overhead per machine-hour $2.00 16 Variable manufacturing overhead per direct labor hour $3.75 17 Department 19 20 Job 407 Milling Assembly 21 22 Machine-hours 90 Direct labor hours 5 20 24 Direct materials 5800 $370 Direct labor cost $70 $280 3.000 7 Price I 27 19 41 a 2 veroduction C Multitrat OP IE e Type here to search o c . 3

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