Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Husky Company has two departments, Assembly (A) and Packaging (P). Overhead is applied based on budgeted direct labour cost in Assembly, and budgeted machine hours

Husky Company has two departments, Assembly (A) and Packaging (P). Overhead is applied based on budgeted direct labour cost in Assembly, and budgeted machine hours in Packaging. The following additional information is available.

Budgeted AmountsAssemblyPackaging

Direct labour cost $180,000$165,000

Factory overhead$225,000$180,000

Machine hours51,000 hr.40,000 hr.

Actual data for Job #10AssemblyPackaging

Direct materials used$10,000$16,000

Direct labour cost$11,000$14,000

Machine hours5,000 hr.3,000 hr.

Required:

a.Compute the budgeted factory overhead cost allocation rate for Assembly. (6 points)

b.Compute the budgeted factory overhead cost allocation rate for Packaging. (6 points)

c.What is the total overhead cost applied to Job 10? (6 points)

d.If Job 10 consists of 50 units of product, what is the total cost per unit of this job? (7 points)

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

Financial Accounting Plus

Authors: Robert Libby, Patricia Libby, Daniel Short

8th Edition

1259116832, 9781259116834

More Books

Students also viewed these Accounting questions

Question

Describe four technical features of Darwins theory of evolution.

Answered: 1 week ago

Question

1. Maintain my own perspective and my opinions

Answered: 1 week ago