Cuen 1 09/30/211149 AM = Homework: Ch4 Homework Assignment Question 5, Exerciso 4-2 HW Score: 217%.1.09 of 5 points Save Part 1 017 O Points: 0 of 1 The Lawrence Company es anomal job cesting stomatitis Meneapoles plant. The plant has a machining department and an awety departments coming one has two decades de materiahan dredacturing lubow) and two mandacturing ved cost pools (the machining department overhead scared be based on a machine hours and the twdupartment head alocated to be based achal direct manufacturing labour costs) The yearly budget for the plant is as follows Cate on to view the budgeted data) Red Requirement 1. Identify the components of the window dayam of a job canting em Compute the budetud manulacuring manood sale tor nach department below wel Manuten) Assembly Machining } C D } O F 0 G } 21:49 AM = Homework: Ch4 Homework Assignment Question 6, Exercise 4-2 Part 17 HW Score: 21.7%, 1.00 of 5 points O Points: 0 of 1 Save The Lawrence Company is a normal ob cesting stomatits Minneapolis plane The plant has a machining department and an audy departments casting stem basten direct cost categories (direct materials and direct manutecturing abou) and two manufacturing overhead cost poole he machining department overhead allocated to jobs burned on actual machine hours and the sembly department overhead allocated to jobs based on chual direct manufacturing abouscous) The yearly budget for the plant is as follow Click the icon to view the budgeted data) Bei C } - HR H } H } K Help Me Solve This e Text Pages Calculator Clear All Check Answer Budgeted data - A A Manufacturing overhead Direct manufacturing labour costs Direct manufacturing labour-hours Machine-hours Machining Department Assembly Department $ 2,000,000 $ 3,900,000 S 1,300,000 $ 3,000,000 100,000 250,000 50,000 250,000 Cole vork Assignment Question 5, Exercise 4-2... Part 1 of 7 HW Score: 21.7%, 1.09 of 5 points O Points: 0 of 1 Required 1. Identify the components of the overview diagram of Lawrence's job-costing system Compute the budgeted manufacturing overhead rate for each department 2. During February, the job-cost record for Job 494 contained the following Machining Department Assembly Department Direct material used 49,000 $ 74,000 Direct manufacturing labour costs $ 18,000 $ 20.000 Direct manufacturing labour-hours 1,300 1.800 Machine-hours 2,300 1,800 Computo the total manufacturing overhead costs allocated to Job 494 3. At the end of the year, the actual manufacturing overhead costs were $2,300,000 in machining and 54,300,000 in assembly Assume that 55,000 actual machine hours were used in machining and that actual direct manufacturing labour costs in assembly were $3,100,000 Compute the over- or underallocated manufacturing overhead for each department