Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments Assembly and Sanding The Assembly Department uses

image text in transcribed
image text in transcribed
Lucas Industries uses departmental overhead rates to allocate its manufacturing overhead to jobs. The company has two departments Assembly and Sanding The Assembly Department uses a departmental overhead rate of $60 per machine hour, while the Sanding Department uses a departmental overhead rate of $20 per direct labor hour Job 542 used the following direct labor hours and machine hours in the two departments po Assembly Department Sanding Department Actual results Direct labor hours used Machine hours used 7 The cost for direct labor is $35 per direct labor hour and the cost of the direct materials used by Job 542 is $1,300 What was the total cost of Job 542 if Lucas Industries used the departmental overhead rates to allocate manufacturing overhead? OA. $1,790 O B. $1,755 OC. $2,440 O D. $2,315 to The manager at East Coast Manufacturing organizes costs to prepare the Costs of Quality report. The manger compiled the following data: Na Employee training Warranty costs $169,000 $195,000 Rework Ex Product testing Ex Cost of rejected units Sales return processing costs $257000 $170,000 $40,000 $45,000 $740,000 $100,000 Lost profits from lost sales O Inspection at State I of Production Preventative maintenance $102,000 As Improved equipment $125,000 O A. $170,000 O B. $257,000 O C. $195,000 2 to u s O D. $297 000 ou you O E. $641 000 Nou

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_2

Step: 3

blur-text-image_3

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

Guide To Audit Data Analytics

Authors: AICPA

1st Edition

1945498641, 978-1945498640

More Books

Students also viewed these Accounting questions

Question

Explain the various methods of job evaluation

Answered: 1 week ago

Question

Differentiate Personnel Management and Human Resource Management

Answered: 1 week ago

Question

Describe the functions of Human resource management

Answered: 1 week ago