Brigmon Services repas locomotive engines it employs 100 time workers at ts per hour Despite operating at capacity, last year's performance was a great disappointment to the managers in total 10 jobs were accepted and completed curing the following total costs Direct ateriais Direct labor Manufacturine overheid $1,043,600 5.040,000 1,260,000 of the $1260.000 manufactung overhead 40 percent was van overhead and 60 percent was fixed This year. Bnonton Services expects to operate at the same activy level as last year and overhead costs and the wage rate are not expected to change for the first quarter of this year, Brighton Services completed two jobs and was beginning the third ob 103The costs incurred follow 30 101 103 103 Total manufacturing overhead Total marketing and dinistrative cos Direct Direct Halibor $330.000 490,00 101.000 112,00 94,100 190,76 272.000 315.000 You are a consultant associated with Lodi Consultants, which Brighton Services as asked for help Lo's senior partner has examined Brighton Services's accounts and has decided to divide actual factory overhead by job to fored and anable portions as follows 101 102 10) Varlie $10.00 20,000 5.400 $4,400 FOR $104,80 2.000 13.00 520,00 In the first quarter of this ye 40 percent of marketing and administrative cost was variable and 60 percent was so you are told that Jobs 101 and 102 were sold To 5862.000 and $566.000, respectively. All over or underapplied overhead for the quarter witten off to Cost of Goods Sold Required: . Present in accounts the actual manufacturing cost flows for the three jobs in the first quarter of this year b. Using last year's overhead costs and direct tabor hours as the years estimate cocte predetermined overhead rates per direct labor hour for vanable and fixed overhead c. Present in Taccounts the normal manufacturno cost hows for the three jobs in the first quarter of this year the overhead rates derived in requiremento d. Calculate operating prot) for the first quarter of this year under lictual and normal coching systems Brigmon Services repas locomotive engines it employs 100 time workers at ts per hour Despite operating at capacity, last year's performance was a great disappointment to the managers in total 10 jobs were accepted and completed curing the following total costs Direct ateriais Direct labor Manufacturine overheid $1,043,600 5.040,000 1,260,000 of the $1260.000 manufactung overhead 40 percent was van overhead and 60 percent was fixed This year. Bnonton Services expects to operate at the same activy level as last year and overhead costs and the wage rate are not expected to change for the first quarter of this year, Brighton Services completed two jobs and was beginning the third ob 103The costs incurred follow 30 101 103 103 Total manufacturing overhead Total marketing and dinistrative cos Direct Direct Halibor $330.000 490,00 101.000 112,00 94,100 190,76 272.000 315.000 You are a consultant associated with Lodi Consultants, which Brighton Services as asked for help Lo's senior partner has examined Brighton Services's accounts and has decided to divide actual factory overhead by job to fored and anable portions as follows 101 102 10) Varlie $10.00 20,000 5.400 $4,400 FOR $104,80 2.000 13.00 520,00 In the first quarter of this ye 40 percent of marketing and administrative cost was variable and 60 percent was so you are told that Jobs 101 and 102 were sold To 5862.000 and $566.000, respectively. All over or underapplied overhead for the quarter witten off to Cost of Goods Sold Required: . Present in accounts the actual manufacturing cost flows for the three jobs in the first quarter of this year b. Using last year's overhead costs and direct tabor hours as the years estimate cocte predetermined overhead rates per direct labor hour for vanable and fixed overhead c. Present in Taccounts the normal manufacturno cost hows for the three jobs in the first quarter of this year the overhead rates derived in requiremento d. Calculate operating prot) for the first quarter of this year under lictual and normal coching systems
