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Hultquist Corporation has two manufacturing departments--Forming and Customizing The company used the following data at the beginning of the period to caiculate predetermined overhead rates:

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Hultquist Corporation has two manufacturing departments--Forming and Customizing The company used the following data at the beginning of the period to caiculate predetermined overhead rates: Required: a, Assume that the company uses a plantwide predetermined manufacturing overhead rate bosed on machine-hours. Caiculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on mochine-hours. Caiculate the amount of manufocturing overhead applied to Job L. (Do not round intermediate calculations.) c. Assume that the company uses a plantwide predetermined manufacturing overheed rate based on machine hours. Caiculate the total manufacturing cost assigned to Job L (Do not round intermediate calculations.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job L. (Do not round intermediate. e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the Forming department? (Round your answer to 2 decimal places.) f. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Customizing department? (Round your answer to 2 decimal places.) g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be opplied to Job L ? (Do not round intermediate calculations.) h. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices Calculate the selling price for Job L. (Do not round intermediate calculations.)

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