Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Job 650 located Job 455 50 300 Momentos do much and we do 450 567 Jose Jobs to the check The Harrison's plant completed Jobs

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Job 650 located Job 455 50 300 Momentos do much and we do 450 567 Jose Jobs to the check The Harrison's plant completed Jobs 450 and 455 on May 15. Both jobs incurred a total of 6 DL hours throughout the entire production process. Job 450 incurred 3 MH in the Machining Department and 5 DL hours in the Finishing Department (the other DL hour occurred in the Machining Department). Job 455 incurred 6 MH in the Machining Department and 4 DL hours in the Finishing Department (the other two DL hours occurred in the Machining Department). 4. If Harrison's uses departmental overhead rates, how much manufacturing overhead would be allocated to Job 450 and Job 455? 5. Based on your answers to Requirements 3 and 4, does the plantwide overhead rate overcost or undercost either job? Explain. If Harrison's sells its furniture at 125% of cost, will its choice of allocation systems affect product pricing? Explain. Fungsanctul de 100.000 werd CEO consider the companying by the 5420.000 of marfacturing what they were Cho then to www the Read e assigned to Job 420. i Requirements 1 X 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Print Done signed to Job 420. i More Info 1 X Job 420 used 250 parts, required 2 setups, and consumed 110 finishing hours, Job 510 used 500 parts, required 6 setups, and consumed 310 finishing hours. Print Done ENGLISH i Data Table - X Total Budgeted Manufacturing Overhead Cost Activity Allocation Base Materials handling $ 13,200 Number of parts Machine setup 5,200 Number of setups Insertion of parts .... 49,500 Number of parts Finishing 86,100 Finishing direct labor hours $ 154,000 Total. Print Done More A Coucher Company managed man harga machine mother producing you 202.100 em Computing overcome 430 Activity MOH Cou 1.000 More into Mine 0250 . Recent Commentation that how Atb MORGU Tala Mungala| Manual OC Abone Indono Mutta Machine no F F Total Fernbedies and the Check Ar Job 650 located Job 455 50 300 Momentos do much and we do 450 567 Jose Jobs to the check The Harrison's plant completed Jobs 450 and 455 on May 15. Both jobs incurred a total of 6 DL hours throughout the entire production process. Job 450 incurred 3 MH in the Machining Department and 5 DL hours in the Finishing Department (the other DL hour occurred in the Machining Department). Job 455 incurred 6 MH in the Machining Department and 4 DL hours in the Finishing Department (the other two DL hours occurred in the Machining Department). 4. If Harrison's uses departmental overhead rates, how much manufacturing overhead would be allocated to Job 450 and Job 455? 5. Based on your answers to Requirements 3 and 4, does the plantwide overhead rate overcost or undercost either job? Explain. If Harrison's sells its furniture at 125% of cost, will its choice of allocation systems affect product pricing? Explain. Fungsanctul de 100.000 werd CEO consider the companying by the 5420.000 of marfacturing what they were Cho then to www the Read e assigned to Job 420. i Requirements 1 X 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Print Done signed to Job 420. i More Info 1 X Job 420 used 250 parts, required 2 setups, and consumed 110 finishing hours, Job 510 used 500 parts, required 6 setups, and consumed 310 finishing hours. Print Done ENGLISH i Data Table - X Total Budgeted Manufacturing Overhead Cost Activity Allocation Base Materials handling $ 13,200 Number of parts Machine setup 5,200 Number of setups Insertion of parts .... 49,500 Number of parts Finishing 86,100 Finishing direct labor hours $ 154,000 Total. Print Done More A Coucher Company managed man harga machine mother producing you 202.100 em Computing overcome 430 Activity MOH Cou 1.000 More into Mine 0250 . Recent Commentation that how Atb MORGU Tala Mungala| Manual OC Abone Indono Mutta Machine no F F Total Fernbedies and the Check Ar

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

The New Yellow Book Government Auditing Standards

Authors: Rebecca A. Meyer

1st Edition

1119784638, 978-1119784630

More Books

Students also viewed these Accounting questions

Question

4. Does cultural aptitude impact ones emotional intelligence?

Answered: 1 week ago