Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need help with this answer ASAP. Just highlight the answer and show your work please A company manufactures its product through two departments: Molding

image text in transcribed
i need help with this answer ASAP. Just highlight the answer and show your work please image text in transcribed
A company manufactures its product through two departments: Molding and Trimming. To determine the cost of its product, the company uses Job-order costing and applies Manufacturing Overhead (MOH) using Direct Labor Cost (DLC) as the allocation base, but separately for each department because of differences in skilled labor required by each. For the most recent period, the company calculated its departmental Predetermined Overhead Rates (POHR) as: Molding Department POHR: 30% of DLC Trimming Department POHR: 200% of DLC At the end of the period, the company found that records for one of the jobs it completed, Job 156A, were incomplete: Uob 156A Direct Materials Direct labor Applied MOH Total Cost Molding $22,000 $60,000 Trimming 7? ? $90,000 $310,000 Using the given costs of Job 156A and the departmental POHRS, determine the amount of direct materials cost for the Trimming Department missing for Job 156A. ANS $ 210.000

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

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

More Books

Students also viewed these Accounting questions

Question

Evaluate and simplify the following derivatives. d dw -(e-w In w)

Answered: 1 week ago