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i need formulas please 12) 12) Crane Fabrication allocates manufacturing overhead to each ob using departmental overhead rates. Crane's operations are divided into a metal

i need formulas please image text in transcribed
12) 12) Crane Fabrication allocates manufacturing overhead to each ob using departmental overhead rates. Crane's operations are divided into a metal casting department and a metal finishing department. The casting department uses a departmental overhead rate of 554 per machine hour, while the finishing department uses a departmental overhead rate of $28 per direct labor hour. Job A216 used the following direct labor hours and machine hours in the two departments Casting Finishing Actual results Department Department Direct Labor hours used Machine hours used 10 The cost for direct laboris $38 per direct labor hour and the cost of the direct matrials used by lob A216 is $1700. How much manufacturing overhead would be allocated to Job A216 using the departmental overhead rates? A) $600 B) $554 C) $1542 D) $384 13) 13) Renting a scooter and paying $30 per day plus 5.20 per mile driven is an example of what type of cost? A) Mixed cost B) Conversion cost C) Fixed cost D) Variable cost 14) The following information is provided by Panther Company: WIP Inventory, January 1 0 units Units started 22.000 units Units completed and transferred out 9,000 units WIP Inventory, December 31 13,000 units Direct materials $25,100 Direct labor Manufacturing Overhead $11,300 The units were 80% complete for materials and 30% complete for conversion costs. How much are the total costs to be accounted for during the year? A) $24,000 B) $49,100 D) $37,800 C) $25,100

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