Answered step by step
Verified Expert Solution
Question
1 Approved Answer
MAISSIONEP overall manufacturing overhead usage Based on research the following information was gathered for the upcoming year Off the Beaten Path Running Company has started
MAISSIONEP overall manufacturing overhead usage Based on research the following information was gathered for the upcoming year Off the Beaten Path Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. They feel that a departmental overhead rate would best reflect their Machining Department Finishing Department Estimated Manufacturing Overhead by $500 000 $100,000 Department Trail Running Shoes 160 000 machine hours 5,000 direct labor hours Running Apparel 40.000 machine hours 15.000 direct labor hours Manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department At the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel Machining Department Finishing Department Trail Running Shoes 162.000 hours 4,500 hours O A S600,000 8. $150,000 OC. $171,014 OD. $172 500 Machining Deparument Finishing Deparunent Estimated Manufacturing Overhead by S500.000 $100,000 Department Trail Running Shoes 160 000 machine hours 5,000 direct labor hours Running Apparel 40,000 machine hours 15.000 direct labor hours Manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department At the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel Machining Department Finishing Department Trail Running Shoes 162,000 hours 4.500 hours Running Apparel 37.000 hours 16 000 hours How much manufacturing overhead will be allocated to running apparel? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar) N A. $600,000 OB. 5150 000 O C. $171014 @D. S172,500 Click to select your
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started