Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fillmore Corporation uses a job - order costing system with a single plantwide predetermined overhead rate based on direct labor - hours. The company based

Fillmore Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 66,000 direct labor-hours, total fixed manufacturing overhead cost of $198,000, and a variable manufacturing overhead rate of $3.80 per direct labor-hour. Recently Job X809 was completed and required 110 direct labor-hours.
Required:
Calculate the estimated total manufacturing overhead for the year.
Note: Do not round intermediate calculations.
Calculate the predetermined overhead rate for the year.
Note: Do not round intermediate calculations. Round your final answer to two decimal places.
Calculate the amount of overhead applied to Job X809.
Note: Do not round intermediate calculations.

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

Step: 3

blur-text-image

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

Financial and Managerial Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

12th edition

978-1133952428, 1285078578, 1133952429, 978-1285078571

More Books

Students also viewed these Accounting questions

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

What Is acidity?

Answered: 1 week ago

Question

Explain the principles of delegation

Answered: 1 week ago

Question

State the importance of motivation

Answered: 1 week ago

Question

Discuss the various steps involved in the process of planning

Answered: 1 week ago