_Chrome File Edit View History Bookmarks People Window Help 6 0 AND $ 7 34% ^ [ Sat 6 : 24 PM Q Q .00 my Binghamton* X| } Exam # 1 - Spring 2019 - Manas X| \\\\} Take Test : Exam # 1 - Short Ans X| C https : / / my courses . binghamton . edu / webapps / assessment / take / take . isp ? course_ assessment_id = _ 12306_ 18. course_ id =_ 57502_ 78. content_id =_ 822449_ 18. question _ num_ 4. * = 08togg . }| Bulla Corporation has two production departments , Machining and Customizing . The company uses a job-order costing system and computes a predetermined overhead rate in each production department . The Machining made the following estimates :` Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours . At the beginning of the current year , the company had Machining\\ Customizing Machine- hours 16 , 000 17 , 000 Direct labor - hours 3000 4000 Total fixed manufacturing overhead cost 70 , 400 85 , 000 Variable manufacturing overhead per machine - hour $ 3.00 Variable manufacturing overhead per direct labor - hour $ 6.00 During the current month the company started and finished Job K 369 . The following data were recorded for this job : Job K 369 : Machining Customizing Machine - hours 70 20 Direct labor - hours An 80 Required : Calculate the following : Predetermined OH rate for Machining ( round to 2 decimal places )| Predetermined OH rate for Customizing ( round to 2\\ decimal places )| Total Amount of OH applied to job K369 through both | $ departments ( do not include commas )\\ s pe `` etc ME@ 30 0| } |` GE4 - C & https: / / my courses . binghamton. edu/ webapps / assessment / Take Take L ( Moving to another question will save this response . Question 3 Shelhorse Corporation produces and sells a single product . Data concerning that product appear below:" Per Unit Percent of Sales Selling price $ 190 100 90 76 40 90 Variable expenses $ 114 60 90 Contribution margin Fixed expenses are $343, 000 per month . The company is currently selling 3800 units per month . Required :` Calculate the Following :" 90 Contribution Margin Ratio :" Break Even point in Sales Dollars ( rounded to the whole dollar ) Units Margin of Safety in Units ( nearest whole units) _ > ( Moving to another question will save this response . spec. @ @ @ E by etc ME@ Book ?`Chrome File Edit View History Bookmarks People Window Help . . . B myBinghamton 465034% 23 Sat 6:24 PM X IQO Bb Exam #1 - Spring 2019 - Mana X Bb Take Test: Exam #1 - Short Ans x C https://mycourses.binghamton.edu/webapps/assessment/take/take.jsp?course_assessment_id=_12306_1&course_id=_51502_1&content_id=_822449_1&question_num_2.x=0&togg... : Beginning Ending Balance Balance Raw materials $ 14,200 $ 22,200 Work in process 27,200 $ 9200 Finished Goods 62,200 $ 77,200 The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 33,200 machine-hours and incur $245,680 in manufacturing overhead cost. The following transactions were recorded for the year: Raw materials were purchased, $315,200. Raw materials were requisitioned for use in production, $307,200 ($280,800 direct and $26,400 indirect). The following employee costs were incurred: direct labor, $377,200; indirect labor, $96,200; and administrative salaries, $172,200. Selling costs, $147,200. Factory utility costs, $10,200. Depreciation for the year was $139,000 of which $120,400 is related to factory operations and $18,600 is related to selling, general, and administrative activities. Manufacturing overhead was applied to jobs. The actual level of activity for the year was 34,040 machine-hours. Sales for the year totaled $1,261,000. Required: Do not enter any commas (except for the pre-determined OH rate) and round to the nearest dollar Based on the data presented above, complete the following Table Pre-Determined OH Rate (round to 2 decimal $ places) Direct Materials used in Production Direct Labor $377,200 Total Manufacturing Costs $ Cost of Goods Manufactured Adjusted Cost of Goods Sold $ Total Selling and Admin Exp $338,000 Operating Income ad etc MacBook Pro F10 F11 F12 F9 F4 F5 F6 F7 F8Chrome File Edit View History Bookmarks People Window Help . . . B myBinghamton 467034% Bb Exam #1 - Spring 2019 - Manar x Sat 6:25 PM Bb Take Test: Exam #1 - Short Ans x QOE -> C Question 1 https://mycourses.binghamton.edu/webapps/assessment/take/take.jsp?course_assessment_id=_12306_1&course_id=_51502_1&content_id=_822449_1&question_num_1.x=0&toggl. : 5 points Save Answer allocated to the cost pools already and are provided in the table below. Activity Cost Pools Machining Setting Up Other Total Equipment depreciation 9000 $ 47,700 $ 23,400 $ 80, 100 Indirect labor 3900 2700 3900 10,500 Total 12,900 $ 50,400 $ 27,300 $ 90,600 Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below: MHs Batches Product 5800 650 Product T1 6000 250 Total 11,800 1900 Product Z3 Product T1 Sales (total) $ . 226,800 $ 253,500 Direct materials (total) $ 83,000 $ 97,200 $ Direct labor (total) 109,600 $ 104,200 Required: Calculate the following: Machining Activity Rate $ pe etc MacBook Pro F10 F11 F12 F5 F6 FZ F8 FO esc F1 F2 F3 F4 0Chrome File Edit View History Bookmarks People Window Help 6 0 AND $ 7 34% 1} } Sat 20 0 my Binghamton X| [D Exam # 1 - Spring 2019 - Manal X| [} Take Test : Exam # 1 - Short Ans X| https : / / mycourses . binghamton . edu / webapps / assessment / take / take. jsp? course_ assessment_id =_12306_ 1&, course_id =_ 57502_78. content_id =_ 8224.49_ 18. question_ num_ 1 . * =\\ MHS Batches Product Z3 5800 650 Product TY 3000 1250 Total 1 1 , 800 1900 Product Z3\\ Product TY Sales ( total ) 226 , 800 $| 253, 500 Direct materials ( total) $ 83 , 000 $ 97 , 200 Direct labor ( total) \\109 , 600 $ \\104 , 200 Required :" calculate the following :\\ Machining Activity Rate Setting up Activity Rate A Amount of OH applied to product Z3 ( round to the nearest dollar ) Amount of OH applied to product TT ( round to the nearest dollar ) Product Margin - 23 ( round to the nearest dollar ) Product Margin - TY ( round to the nearest dollar ) pe { @ @ @ ^ ^`` etc . ME@ ^```Plie*