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Just need help with the last question the one with question marks in the box. Please show the full solutions thanks so much and have
Just need help with the last question the one with question marks in the box. Please show the full solutions thanks so much and have a nice day!
The Lawrence Company Desa normal coming system at its respole plant. The plant has a machining deparment and an assembly departments job-costing system has two che cost categorie direct materials and direct minutacturing our and to manufacturing Chesd cost so the machining department overheat located to be based on actual machine hound the army department overted, alocated to jobs bened on att det marutacturing our costs. The yearly budget for the plant is as flow Click then to view the budgend data) Requirement 1. Idently the components of the recogram of Lawrence acting system Compute the bottled manufacturing everted to reachdecertment. Merevistons weet Marut manufacturing Machining Assembly Actul Pel Machining Department. Over Amy Drent Manet Overhead D } HI 0 Coot Alone E Machine Hours Dictionar con .} a Corte Pro Hindirect Desc Cauta De Couls Kartal Died Man Latou Required 1. Identify the components of the overview diagram of Lawrence's job-costing system. Compute the budgeted manufacturing overhead rate for each department. 2. During February, the job-cost record for Job 494 contained the following: Machining Department Assembly Department Direct material used 48,000 $ 72,000 Direct manufacturing labour costs $ 15,000 $ 16,000 Direct manufacturing labour-hours 1,700 1,800 Machine-hours 2,600 1,300 Compute the total manufacturing overhead costs allocated to Job 494. 3. At the end of the year, the actual manufacturing overhead costs were $2,100,000 in machining and $5,500,000 in assembly. Assume that 54,000 actual machine-hours were used in machining and that actual direct manufacturing labour costs in assembly were $3,200,000. Compute the over- or underallocated manufacturing overhead for each department Enter the fomula and then enter the budged manufacturing overed and cost allocation bases to one for the budgeted mandring od rate for each parmente percentage mulas a whole percentage Aabe e manutdura DM direct manding) Hudgend nutsweat Budgeted collection Badget andering tot he Machining 2.000.000 50.000 49 permet hour Assembly 3.000.000 180 of bour costs Requirement 2. Raw the Fabruary tales condi deb 494. Compute the tokat mandacturing vataas costa ocated to ab 494. JAberabera ad MOH menututuring avatud) Enter the formal to calculate the manufacturing overhead to locate to a turnover ons Owoceed Compute the titul manufacturing overhead costs aleated to 484. Do not found inemediary obston) MOH Marvel 104.000 Aby overall 2800 Tandar com 404 132.100 Regurament 3. At the end of the year the actual morteceutig hood.com were 82.190.000 in machining 5.600.000 membay, Astume the 54,000 ml machine nou were umed in maching and the actual dret manufacturing Compute the aver under manufacturing for each department Era fomula wscompte en andering care of the year for at spartment ( Opens in new www mand marang Acis monged All manufacturing Understocated Mining 21 Aanby 000 The Lawrence Company Desa normal coming system at its respole plant. The plant has a machining deparment and an assembly departments job-costing system has two che cost categorie direct materials and direct minutacturing our and to manufacturing Chesd cost so the machining department overheat located to be based on actual machine hound the army department overted, alocated to jobs bened on att det marutacturing our costs. The yearly budget for the plant is as flow Click then to view the budgend data) Requirement 1. Idently the components of the recogram of Lawrence acting system Compute the bottled manufacturing everted to reachdecertment. Merevistons weet Marut manufacturing Machining Assembly Actul Pel Machining Department. Over Amy Drent Manet Overhead D } HI 0 Coot Alone E Machine Hours Dictionar con .} a Corte Pro Hindirect Desc Cauta De Couls Kartal Died Man Latou Required 1. Identify the components of the overview diagram of Lawrence's job-costing system. Compute the budgeted manufacturing overhead rate for each department. 2. During February, the job-cost record for Job 494 contained the following: Machining Department Assembly Department Direct material used 48,000 $ 72,000 Direct manufacturing labour costs $ 15,000 $ 16,000 Direct manufacturing labour-hours 1,700 1,800 Machine-hours 2,600 1,300 Compute the total manufacturing overhead costs allocated to Job 494. 3. At the end of the year, the actual manufacturing overhead costs were $2,100,000 in machining and $5,500,000 in assembly. Assume that 54,000 actual machine-hours were used in machining and that actual direct manufacturing labour costs in assembly were $3,200,000. Compute the over- or underallocated manufacturing overhead for each department Enter the fomula and then enter the budged manufacturing overed and cost allocation bases to one for the budgeted mandring od rate for each parmente percentage mulas a whole percentage Aabe e manutdura DM direct manding) Hudgend nutsweat Budgeted collection Badget andering tot he Machining 2.000.000 50.000 49 permet hour Assembly 3.000.000 180 of bour costs Requirement 2. Raw the Fabruary tales condi deb 494. Compute the tokat mandacturing vataas costa ocated to ab 494. JAberabera ad MOH menututuring avatud) Enter the formal to calculate the manufacturing overhead to locate to a turnover ons Owoceed Compute the titul manufacturing overhead costs aleated to 484. Do not found inemediary obston) MOH Marvel 104.000 Aby overall 2800 Tandar com 404 132.100 Regurament 3. At the end of the year the actual morteceutig hood.com were 82.190.000 in machining 5.600.000 membay, Astume the 54,000 ml machine nou were umed in maching and the actual dret manufacturing Compute the aver under manufacturing for each department Era fomula wscompte en andering care of the year for at spartment ( Opens in new www mand marang Acis monged All manufacturing Understocated Mining 21 Aanby 000 Step by Step Solution
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