Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Erimated botal machine chaurs (Nas) fisiated total flet manifacturing overtiesd cost. Citinated variable eamufacturine ererhead cost per 19 . During the period, the company started

image text in transcribed
Erimated botal machine chaurs (Nas) fisiated total flet manifacturing overtiesd cost. Citinated variable eamufacturine ererhead cost per 19 . During the period, the company started and completed two jobs Nob C and Job L Dato concerning thiose two jobs follow Required: overheod rate Note: Round your answer to 2 decimal places. amount of manufacturing overtiead opplied to Job L Note: Do not round intermediate calculations. C. Assume that the company uses a plantwide predetermined manufacturing oventiead rate based on machine-hours. Colculate the total manufacturing cost insigned to Job i Note: Do not round intermediate caiculations. d Assume that the company uses a plantwide predetemined manufacturing overtsead tate based on machine-hours ond uses a markup of 80% on manufacturing cost to estoblisf seling prices Calculate the sening peice for Job L. Note: Do not round intermediate calculations. Assume that the company uses departmentaf predotermined overheod rates with machine hours as the allocation base in both departments. What is the departmental prodetermined owethead rate in the forming department? Note: Round your answer to 2 decimal places. Assume that the compary uses departmientaf predetermined overtiogd rates with mochine-houts as the allocotion base in both production departments. What is the deportimontal prodetermined overtheod rate in the Customizing clepartmerit? Note: Round your answer to 2 decimal places. Assume that the company uses departmentar predetermined overheod rates with machine hours as the allocation base in both production departments liow much manufacturing overhead will be opplied to Job 1 ? Note: Do not round intermediate calculations. hssume that the compariy uses degartmentaf precletermined overhead rates with machme-hours as the allocotoon base in both. groduction departiments. Further assume that the company uses a markup of 80% on manufacturing cost to establish seling prices Colculate the sething price for job L lote: Do not round intermediate caiculations

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting For Clarion University Of Pennsylvania

Authors: Ray H. Garrison

14th Edition

0077577515, 978-0077577513

More Books

Students also viewed these Accounting questions