Blast N cold David Wilson, president of Teledex Company We've just lost the bid on the Koopers Job by $2,000 It seems we're either too high to get the job or too low to make any money on half the jobs we bid Teledex Company manufactures products to customers' specifications and uses a job order costing system The company uses a plantwide predetermined overhead rate based on cirect labor cost to apply its manufacturing overhead (assumed to be all fixed) to Jobs The following estimates were made at the beginning of the year Department Fabricating Machining Total Plant Manufacturing overhead 364 080 416, 680 03, 608 Direct labor 1 184 680 $ 312, 808 Jobe require varying amounts of work In the three departments The Koopers Job, for example, would have required manufacturing costs In the three departments a follows Mpartment Fabricating Assembly Total Plant Direct materials $3, 80 $2,280 $ 6,408 Direct labor 47, BAG $12,188 Manufacturing overhead Required 1 Using the company's plantwide approach a Compute the plantwide predetermined mate for the current year b Determine the amount of manufacturing overhead cost that would have been applied to the Koopers Job 2 Suppose that Instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost Under these conditions a Compute the predetermined overhead rate for each department for the current year b Determine the amount of manufacturing overhead cost that would have been applied to the Koopers Job 4 Assume that it is customary In the Industry to bid Jobs at 1503 of total manufacturing cost (direct materials, direct labor, and applied overhead a What was the company's bid price on the Koopers Job using a plantwide predetermined overhead rate b What would the bid price have been if departmental predetermined overheed rates hed been used to apply overhead cost Complete this question by entering your answers in the tabs below Inquired 14 kaquired 18 Arquined 24 Inquired 28 Anquined 44 Using the company's plantwide approach, compute the plant wide predetermined rate for the current year Predetermined overhead main 36 of direct labor cost Required 1A Required 18 gt

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Blast N   cold David Wilson, president of Teledex Company   We've just lost the bid on the Koopers Job by $2,000  It seems we're either too high to get the job or too low to make any money on half the jobs we bid   Teledex Company manufactures products to customers' specifications and uses a job order costing system  The company uses a plantwide predetermined overhead rate based on cirect labor cost to apply its manufacturing overhead (assumed to be all fixed) to Jobs  The following estimates were made at the beginning of the year  Department Fabricating Machining Total Plant Manufacturing overhead   364 080 416, 680 03, 608 Direct labor 1 184 680 $ 312, 808 Jobe require varying amounts of work In the three departments  The Koopers Job, for example, would have required manufacturing costs In the three departments a  follows  Mpartment Fabricating Assembly Total Plant Direct materials $3, 80 $2,280 $ 6,408 Direct labor 47, BAG $12,188 Manufacturing overhead Required  1  Using the company's plantwide approach  a  Compute the plantwide predetermined mate for the current year  b  Determine the amount of manufacturing overhead cost that would have been applied to the Koopers Job  2  Suppose that Instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost Under these conditions  a Compute the predetermined overhead rate for each department for the current year  b  Determine the amount of manufacturing overhead cost that would have been applied to the Koopers Job  4  Assume that it is customary In the Industry to bid Jobs at 1503  of total manufacturing cost (direct materials, direct labor, and applied overhead   a What was the company's bid price on the Koopers Job using a plantwide predetermined overhead rate  b What would the bid price have been if departmental predetermined overheed rates hed been used to apply overhead cost  Complete this question by entering your answers in the tabs below  Inquired 14 kaquired 18 Arquined 24 Inquired 28 Anquined 44 Using the company's plantwide approach, compute the plant wide predetermined rate for the current year  Predetermined overhead main 36 of direct labor cost Required 1A Required 18  gt

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Blast N! cold David Wilson, president of Teledex Company. We've just lost the bid on the Koopers Job by $2,000. It seems we're either too

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