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PROBLEM The Dougherty Furniture Company manufactures tables. In March, the production departments had budgeted allocation bases of 4,000 machine-hours in production Department. The budgeted manufacturing overheads for the month was $57.500. Required: a. Determine the budgeted manufacturing overhead rate for the production department. Manufacturing overhead rate Department =

Questions Css NO students Name Dute PROBLEM The Dougherty Furniture Company manufactures tables. In March, the production departments had budgeted allocation bases of 4.000 machine-hour in production Department. The budgeted manufacturing overheads for the month was $57.500. Required: Determine the budgeted manufacturing overhead rate for the production department Manufacturing overhead rate Department - a The actual machine-hours used in the production department was 3,800 machine-hours. The actual costs incurred in the production department was as follows: Production Department 1. Materials purchased on account $110,000 2. Direct materials used 32,500 3. Direct manufacturing labor 52,500 4. Indirect manufacturing labor 11,000 5. Indirect materials used 7,500 6. Lease on equipment 16,250 7. Utilities 1,000 8. Other manufacturing overhead 20,000 b. Prepare the necessary journal entries to summarize the March transactions for production Department. 1. Materials purchased on account