Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help please Chapter 2 Homework Saved Help Save & Exit Submit 10 Check my work 5 10 points Wilmington Company has two manufacturing departments--Assembly and

help please image text in transcribed
Chapter 2 Homework Saved Help Save & Exit Submit 10 Check my work 5 10 points Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year-Job Bravo. Estimated Data Assembly Fabrication Total Manufacturing overhead costs $1,400,000 $1,680,000 $3,680,000 Direct labor-hours 70,000 42,000 112,000 Machine-hours 28,800 140,000 168,000 eBook Print Job Bravo Direct labor-hours Machine-hours Assembly Fabrication Total 15 7 22 7 10 17 References Required: 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor- hours, how much manufacturing overhead would be applied to Job Bravo? 2. If Wilmington uses departmental predetermined overhead rates with direct labor- hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo? (Round your intermediate calculation to 2 decimal places.) 1 Plantwide manufacturing overhead applied to Job Bravo 2 Manufacturing overhead applied from Assembly to Job Bravo Manufacturing overhead applied from Fabrication to Job Bravo Total departmental manufacturing overhead applied to Job Bravo $

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

IT Audit In China

Authors: LIU Ruzhuo

1st Edition

981428145X, 978-9814281454

More Books

Students also viewed these Accounting questions

Question

Describe the three major steps in current network design.

Answered: 1 week ago

Question

3. How has e-commerce transformed marketing?

Answered: 1 week ago