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Check my Ashe Corporation has two manufacturing departments-Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined
Check my Ashe Corporation has two manufacturing departments-Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Customizing Total Estimated total machine-hours (MHs 1,000 4,000 5,000 Estimated total fixed manufacturing overhead cost $4,700 $9,200 $13,900 Estimated variable manufacturing overhead cost per $ 1.10 $2.60 MH During the most recent month, the company started and completed two jobs-Job B and Job K. There were no beginning inventories Data concerning those two jobs follow: Job B Job K 300 Machining machine-hours 700 Customizing machine-hours 1,600 2,400 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job K is closest to: (Round your intermediate calculations to 2 decimal places.)
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