Question
Laflame Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for
Laflame Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours | 70,000 | |
Total fixed manufacturing overhead cost | $ | 357,000 |
Variable manufacturing overhead per machine-hour | $ | 3.90 |
The estimated total manufacturing overhead is closest to:
Multiple Choice
$273,000
$630,000
$357,004
$357,000
Almaraz Corporation has two manufacturing departments--Forming and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Forming | Finishing | Total | ||||
Estimated total machine-hours (MHs) | 7,000 | 3,000 | 10,000 | |||
Estimated total fixed manufacturing overhead cost | $ | 40,600 | $ | 8,100 | $ | 48,700 |
Estimated variable manufacturing overhead cost per MH | $ | 1.30 | $ | 2.80 | ||
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. That predetermined manufacturing overhead rate is closest to:
Multiple Choice
$6.62
$4.87
$4.10
$7.10
Mundorf Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Forming | Assembly | Total | ||||
Estimated total machine-hours (MHs) | 9,000 | 1,000 | 10,000 | |||
Estimated total fixed manufacturing overhead cost | $ | 52,200 | $ | 2,400 | $ | 54,600 |
Estimated variable manufacturing overhead cost per MH | $ | 2.00 | $ | 2.10 | ||
During the most recent month, the company started and completed two jobs--Job B and Job H. There were no beginning inventories. Data concerning those two jobs follow:
Job B | Job H | |||||
Forming machine-hours | 6,100 | 2,900 | ||||
Assembly machine-hours | 400 | 600 | ||||
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job B is closest to:
Multiple Choice
$48,555
$35,490
$2,988
$45,567
Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Casting | Assembly | Total | ||||
Estimated total machine-hours (MHs) | 8,000 | 2,000 | 10,000 | |||
Estimated total fixed manufacturing overhead cost | $ | 44,000 | $ | 4,200 | $ | 48,200 |
Estimated variable manufacturing overhead cost per MH | $ | 1.90 | $ | 3.00 | ||
During the most recent month, the company started and completed two jobs--Job A and Job H. There were no beginning inventories. Data concerning those two jobs follow:
Job A | Job H | |||||
Casting machine-hours | 5,400 | 2,600 | ||||
Assembly machine-hours | 800 | 1,200 | ||||
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job H is closest to: (Round your intermediate calculations to 2 decimal places.)
Garrison 16e Rechecks 2017-06-28
Multiple Choice
$8,328
$26,372
$18,316
$18,044
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