dlestion Hep Modern Metaworks Company has two departments, miling and assembly. The Requirements company uses a job costing system with a plantwide cost driver rate that is computed by dividing plantwide overhead costs by total plantwide practical capacity direct labor hours. The following cost and practical capacity estimates are uses machine hours as the cost driver for the applying overhead costs in the (a) Determine the cost of job 714. (b) Suppose that instead of using the plantwide cost driver rate, the company for October EB(Click the icon to view the estimates) The following information pertains to job 714, which was started and completed during October milling department, and uses direct labor hours as the cost driver in the assembly department Compute these departmental cost driver rates and determine the cost of job 714 using these rates. (c) Using the costs you computed in parts a and b, determine the bid price that EEB (Click the icon to view the job information.) Modern Metalworks will quote under each cost system if it uses a 25% markup on total manufacturing cost (d) Provide reasons why Modern Metalworks might prefer the method in part a or the one in part b Requirement (a) Determine the cost of job 714 Begin by determining the plantwide cost driver rate The plantwide cost driver rate is s tati tatic To 9 of 12 (3 complete)v HW Score: E Que has two departments, milling and assembly. TheRequirements ystem with a plantwide cost driver rate that is e overhead costs by total plantwide practical e following cost and pracical capacyeates areuses machine hours as the cost driver for the applying overhe (a) Determine the cost of job 714. (b) Suppose that instead of using the plantwide cost driver rate, th milling department, and uses direct labor hours as the cost dr e estimates.) tains to job 714, which was started and completed assembly department Compute these departmental cost drive uted in parts a and b, determine the b ote under each cost system if it uses rn Metalworks might prefer the methe determine the cost of job 714 using these rates e job information.) Estimates ring cost. e the cost of job 714 lantwide cost driver rate ate is Milling Assembly Overhead costs $ 120,000 s 160,000 8,000 12,000 12,000 6,000 Direct labor hours Machine hours Print Done e answer box and then click Check Answer Clear All Check Answer time you will measure scheduling What does e, in what order should the jobs be processed7 dlestion Hep Modern Metaworks Company has two departments, miling and assembly. The Requirements company uses a job costing system with a plantwide cost driver rate that is computed by dividing plantwide overhead costs by total plantwide practical capacity direct labor hours. The following cost and practical capacity estimates are uses machine hours as the cost driver for the applying overhead costs in the (a) Determine the cost of job 714. (b) Suppose that instead of using the plantwide cost driver rate, the company for October EB(Click the icon to view the estimates) The following information pertains to job 714, which was started and completed during October milling department, and uses direct labor hours as the cost driver in the assembly department Compute these departmental cost driver rates and determine the cost of job 714 using these rates. (c) Using the costs you computed in parts a and b, determine the bid price that EEB (Click the icon to view the job information.) Modern Metalworks will quote under each cost system if it uses a 25% markup on total manufacturing cost (d) Provide reasons why Modern Metalworks might prefer the method in part a or the one in part b Requirement (a) Determine the cost of job 714 Begin by determining the plantwide cost driver rate The plantwide cost driver rate is s tati tatic To 9 of 12 (3 complete)v HW Score: E Que has two departments, milling and assembly. TheRequirements ystem with a plantwide cost driver rate that is e overhead costs by total plantwide practical e following cost and pracical capacyeates areuses machine hours as the cost driver for the applying overhe (a) Determine the cost of job 714. (b) Suppose that instead of using the plantwide cost driver rate, th milling department, and uses direct labor hours as the cost dr e estimates.) tains to job 714, which was started and completed assembly department Compute these departmental cost drive uted in parts a and b, determine the b ote under each cost system if it uses rn Metalworks might prefer the methe determine the cost of job 714 using these rates e job information.) Estimates ring cost. e the cost of job 714 lantwide cost driver rate ate is Milling Assembly Overhead costs $ 120,000 s 160,000 8,000 12,000 12,000 6,000 Direct labor hours Machine hours Print Done e answer box and then click Check Answer Clear All Check Answer time you will measure scheduling What does e, in what order should the jobs be processed7
