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Hamett Corporation has two manufacturing departments-Molding and Assembly. The company used the following dats at the begiming of the period to calculate predetermined overheod rates:
Hamett Corporation has two manufacturing departments-Molding and Assembly. The company used the following dats at the begiming of the period to calculate predetermined overheod rates: During the period, the company statted and completed two jobs-Job E and Job M. Data conceming those two jobs follow: Aequired: a. Assume that the compary uses a plantwide predetermuned manulacturing everhead rate based on machire-hours. Calculate that overthead tate (Round your onswer to 2 decimai pisces) b. Assume that the company uses a plantwide predefermined manulacturing overhead tate based on machine-hours Caiculate the amount of manufacturing overhead applied to job E. (Do not round intermedime calculations) c. Assume that the company uses a placotwide predetermined manufacturing overhead rate bosed on machine hours Calcutate the lotal manufactiong cost assigned to Job E, (Do not round intermediate calculations) d. Assume that the company uses a plantwide predelermined manufacturing overhead rate based on machine hours and uses a markup of 20% on manvlorturing cost to estabish seling prices. Calculate be seling pilce for job E. (Do not round intermediate calculations) 6. Assuthe that the company uses depermental predetermined overhead fates whi machine-hours as the allocation base in both departmects. What is the departmental predetermined ovemead rate in the Molding departineot? (Pound your answer to 2 decimal places: 2 decimal places. 9. Assume that the company uses deportmental predesermined overhead rates wht makhine-hours as the allocation base in boen production departments. How much manufacturing overthead wil be appled to Job & ? (Do sot round intermediate caiculations) h. Asume that the corspany uses depostmental predetermined overhead fates wth machine-hours as tre alocation base in both peoduction departments further assumte that the company vies a maksup of 20s on manufacturing cout to establsh seling prices Caculate the sebing price for job E (Do not round intermediate calculatiens)
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