Hobart, Evams, and Nas is a small law firm thot enmploys 10 partners and 12 sappotpersons. The fim a job-onder costing syslem to accumaliate costs charpeable to each client, and it is organized into departments-the Reseanch and Documents Department and the Liigation Department. The fim predetermined overbcad rales to charge the costs of these departmonts to its cliests. At the beginning of the year, the fim's managcmcat made the following estimales for the year Research and 24,000 9,000 510.000 $450 000 $840,000 18.000 $5.000 $800 000 $300.000 Legal forme and supplies Direct atiomey cost Departmenital overhead oost The The couts charped to each client are made sp of three elements: legal forms and supplies used, dinc Case 418-3 was initiated on Feteuary 23 and complcted on May 16. Daring this period, the following and the rate in the Litigation Department is based on direct attomey cost attorney costs incurrod, and an applied amount of onerbcad from each department in which work is fonned on the cane. Research and Dinect afomey-hou Legal torme and supplies Direct afforney cot 580 350 $5.700 1. Compute the predelerminod everhead rale used during the year in the Molding Department Compure he rate used in the Painting Department 2 Compute the total everhead cod applied to Job 205 3 What would be the total cost ecoeded for Jo 2057 If the job containod 50 units what would be the unit product cont 4 At the end of the year, the recoeds of High Desent Poteryworks revealed the following actual cost and operating data for all jos woked on during the year Molding 62,000 430 000 $108.000 680,000 Direct labor Manutacturing ovemead cost What was the wmount of underapplied or overagplied overhead in each deparment at the end of the year? Hobart, Evams, and Nas is a small law firm thot enmploys 10 partners and 12 sappotpersons. The fim a job-onder costing syslem to accumaliate costs charpeable to each client, and it is organized into departments-the Reseanch and Documents Department and the Liigation Department. The fim predetermined overbcad rales to charge the costs of these departmonts to its cliests. At the beginning of the year, the fim's managcmcat made the following estimales for the year Research and 24,000 9,000 510.000 $450 000 $840,000 18.000 $5.000 $800 000 $300.000 Legal forme and supplies Direct atiomey cost Departmenital overhead oost The The couts charped to each client are made sp of three elements: legal forms and supplies used, dinc Case 418-3 was initiated on Feteuary 23 and complcted on May 16. Daring this period, the following and the rate in the Litigation Department is based on direct attomey cost attorney costs incurrod, and an applied amount of onerbcad from each department in which work is fonned on the cane. Research and Dinect afomey-hou Legal torme and supplies Direct afforney cot 580 350 $5.700 1. Compute the predelerminod everhead rale used during the year in the Molding Department Compure he rate used in the Painting Department 2 Compute the total everhead cod applied to Job 205 3 What would be the total cost ecoeded for Jo 2057 If the job containod 50 units what would be the unit product cont 4 At the end of the year, the recoeds of High Desent Poteryworks revealed the following actual cost and operating data for all jos woked on during the year Molding 62,000 430 000 $108.000 680,000 Direct labor Manutacturing ovemead cost What was the wmount of underapplied or overagplied overhead in each deparment at the end of the year
