Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Frodo Backpacks, Inc. manufacture small-batch backpacks specifically designed for high intensity adventures, such as a perilous journey to Mount Doom to save the world. They

Frodo Backpacks, Inc. manufacture small-batch backpacks specifically designed for high intensity adventures, such as a perilous journey to Mount Doom to save the world. They use a traditional method of allocating the manufacturing overhead costs. The total estimated manufacturing overheads costs is $560,160. The total estimated cost driver is 22,000 machine hours. During the month of March, Frodo Backpacks worked on two different jobs. Job M-203 was completed, but not sold. Job D-682 was finished and sold. Data for the jobs are as follows:

Job M-203 Job D-682

Beginning balance: $28,500 $26,200

Direct materials: $46,720 $38,900

Direct labor costs: $33,400 $40,500

Actual machine hours: 5,600 machine hours 6,300 machine hours

Using the information provided, please calculate the total applied manufacturing overhead costs for Job D-682. Round your answer to the nearest whole dollar.

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

Principles Of Accounting Schaums Easy Outlines Crash Course

Authors: Joel Lerner, James Cashin

1st Edition

0071369724, 9780071369725

More Books

Students also viewed these Accounting questions