Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chapter 2: Homework po 11 P References Seved Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs

image text in transcribed

Chapter 2: Homework po 11 P References Seved Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year-Job Bravo. Estimated Dat Direct labor-hours Manufacturing overhead costs Machine-hours 366 Brava Total Assembly $ 600,000 50,000 20,000 Fabrication $800,000 30,000 100,000 5 1,400,000 50,000 120,000 Assembly Fabrication Total Direct labor-hours Machine-hours Required: 11 14 6 9 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo? 2. If Wimington uses departmental predetermined overhead rates with 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 to Job Bravo? (Round your intermediate calculations to 2 decimal places) 9 1. Plantwide manufacturing overhead applied to Job Bravo 2. Manufacturing overhead applied from Assembly to Job Bravo 2 Manufacturing overhead applied from Fabrication to Job Bravo 2. Totar departmental manufacturing overhead applied to Job Bravo 245 Help Save & Exit Submit Check my work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting A Focus on Ethical Decision Making

Authors: Steve Jackson, Roby Sawyers, Greg Jenkins

5th edition

324663854, 978-0324663853

More Books

Students also viewed these Accounting questions

Question

What is the impact of technology on jobs?

Answered: 1 week ago