Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a meta finishing
Crane Fabrication allocates manufacturing overhead to each job using departmental overhead rates. Crane's operations are divided into a metal casting department and a meta finishing department. The casting department uses a departmental overhead rate of $58 per machine hour, while the finishing department uses a departmental overhead rate of $23 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments: Casting Department Finishing Department Actual results Direct labor hours used Machine hours used The cost for direct labor is S32 per direct labor hour and the cost of the direct materials used by Job A216 is $2,000. What was the total cost of Job A216 if Crane Fabrication used the departmental overhead rates to allocate manufacturing overhead? O A. $2,320 O B. $2,971 OC. $2,544 O D. $3,145
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started