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During the month of June 2022, Amish Furniture Sdn. Bhd worked on different job orders for specialty kitchen cabinet. The company applied production overhead to
During the month of June 2022, Amish Furniture Sdn. Bhd worked on different job orders for specialty kitchen cabinet. The company applied production overhead to jobs with pre-determined overhead rate. The pre-determined overhead rate in Sewing and Shaping Department are based on machine hours; Assembly Department is based on direct labor hours and Finishing Department is based on percentage of direct labor cost. At the beginning of 2022, the company's controller prepared the following estimates for the year: Job KC-88 began and completed during the month. The company's cost record shows the following information for the job: A total of 20 kitchen cabinets were produced for Job KC-88. Plywood and ceramic are placed into production in Sewing and Shaping Department. Hardware and assembly supplies are placed into production in the Assembly Department. Skilled labor was paid RM10.00 per hour while the semi-skilled labor was paid at RM7.00 per hour. A reputable cabinet designer service was required at a fee of RM4,500 The company absorb non-production overhead using the following pre-determined overhead absorption rate: a. Calculate the predetermined overhead rate for each department. (Note: Show all the calculations and round off your answer to two decimal points.) During the month of June 2022, Amish Furniture Sdn. Bhd worked on different job orders for specialty kitchen cabinet. The company applied production overhead to jobs with pre-determined overhead rate. The pre-determined overhead rate in Sewing and Shaping Department are based on machine hours; Assembly Department is based on direct labor hours and Finishing Department is based on percentage of direct labor cost. At the beginning of 2022, the company's controller prepared the following estimates for the year: Job KC-88 began and completed during the month. The company's cost record shows the following information for the job: A total of 20 kitchen cabinets were produced for Job KC-88. Plywood and ceramic are placed into production in Sewing and Shaping Department. Hardware and assembly supplies are placed into production in the Assembly Department. Skilled labor was paid RM10.00 per hour while the semi-skilled labor was paid at RM7.00 per hour. A reputable cabinet designer service was required at a fee of RM4,500 The company absorb non-production overhead using the following pre-determined overhead absorption rate: a. Calculate the predetermined overhead rate for each department. (Note: Show all the calculations and round off your answer to two decimal points.)
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