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Molding Fabrication Total Machine-hours 29,000 39,000 68,000 Fixed manufacturing overhead costs 790,000 260,000 1,050,000 Variable manufacturing overhead per machine-hour 6.1 6.1 Job D-70: Molding Fabrication
Molding | Fabrication | Total | |
Machine-hours | 29,000 | 39,000 | 68,000 |
Fixed manufacturing overhead costs | 790,000 | 260,000 | 1,050,000 |
Variable manufacturing overhead per machine-hour | 6.1 | 6.1 | |
Job D-70: | Molding | Fabrication | Total |
Direct materials cost | 375,000 | 321,000 | 696,000 |
Direct labor cost | 230,000 | 150,000 | 380,000 |
Machine-hours | 19,000 | 10,000 | 29,000 |
Job C-200: | Molding | Fabrication | Total |
Direct materials cost | 270,000 | 210,000 | 480,000 |
Direct labor cost | 130,000 | 230,000 | 360,000 |
Machine-hours | 10,000 | 29,000 | 39,000 |
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How do determined departmental overhead rates for the molding and fabrication depts (can't quite arrive at the answer? followed by manufacturing costs and established bid prices for both depts at a 130% of total manufacturing costs
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