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i cant figure out this practice problem. managerial accounting. Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours $ Assembly Finishing 960,000 $1,200,000 60,000 36,000 24,000
i cant figure out this practice problem. managerial accounting.
Estimated Data Manufacturing overhead costs Direct labor-hours Machine-hours $ Assembly Finishing 960,000 $1,200,000 60,000 36,000 24,000 120,000 17 Total $ 2,160,000 96,000 144,000 Order = 5112 Direct labor-hours Machine-hours Assembly Finishing 13 Total 18 13 01:55:19 Required: 1. Assume the company uses a plantwide predetermined overhead rate based on direct labor hours. Compute the predetermined overhead rate and the amount of manufacturing overhead applied to Order #5112 2. Compute the predetermined overhead rates for each department and the manufacturing overhead applied to Order #5112 if the company uses departmental predetermined overhead rates. Use direct labor hours as the allocation base in Assembly and machine hours as the allocation base in Finishing (Round your intermediate calculation to 2 decimal places.) 1 Paide predetermined overhead rate Plantwide manufacturing overhead applied to Order 5112 2 Assembly Department predetermined overhead tate Manufacturing overhead applied from Assembly to Order 5112 Finishing Department predetermined overhead role Manufacturing overhead applied from Finishing to Order 5112 Total departmental manufacturing overhead applied to Order 05112 3. Which method to assign overhead do you recommend and why? Toolbar navigation B I v s. iii A A Step by Step Solution
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