Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need help with this problem, how do I do #1-3 3) what is the total cost of job A The Dougherty Furniture Company manufactures
I need help with this problem, how do I do #1-3 3) what is the total cost of job A The Dougherty Furniture Company manufactures tables, in March, the two production departments had budgered allocation bases of 4,000 machine hours in Department 100 and 8.000 direct labor hours in Department 200. The budgeted manufacturing overhoads for the month were $57,500 and $62,500, respectively. For Job A, the actual costs incurred in the two departments were as follows: Department 100 Department 200 Direct materials purchased on account $110,000 $177,500 Direct materials used 32,500 13,500 Direct manufacturing labor 52,500 53,500 Indirect manufacturing labor 11,000 9,000 Todirect materials used 7.500 4,750 Lease on equipment 16.250 3,750 Utilities 1,000 1.250 Job Aincurred 800 machine hours in Department 100 and 300 direct labor hours in Department 200. The company unos a budounod uvertioad rate for applying overhead to production Required: 1. Determine the budgeted manufacturing overhead rate for each department 2. Propare the necessary Journal ontries to summarize the March transactions for Department 100 3. Wha
I need help with this problem, how do I do #1-3
3) what is the total cost of job A
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started