Need help answering C1 and C2 below. Attached are parts A and parts B that are needed to figure out the bid price for C1 and C2.
Comprehensive Problem 5 Part c c-1. The sales policy at St. Falls dictates thatjob bids be calculated by adding 30 percent to total manufacturing costs. What would be the bid forjob no. 110 using the overhead rate from part a? c-2. The sales policy at St. Falls dictates thatjob bids be calculated by adding 30 percent to total manufacturing costs. What would be the bid forjob no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. Req c1 H Req c2 Req c3 The sales policy at St. Falls dictates that job bids be calculated by adding 30 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) $ 20 o Req 02 > Comprehensive Problem 5 Part c c-1. The sales policy at St. Falls dictates thatjob bids be calculated by adding 30 percent to total manufacturing costs. What would be the bid forjob no. 110 using the overhead rate from part a? c-2. The sales policy at St. Falls dictates thatjob bids be calculated by adding 30 percent to total manufacturing costs. What would be the bid forjob no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. The sales policy at St. Falls dictates that job bids be calculated by adding 30 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) $ 14 o Req uired information Comprehensive Problem 5 [I'he following information applies to the questions displayed below] The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Falls, Minnesota, uses ajob order costing system for its batch production processes. The St. Falls plant has two departments through which most jobs pass. Plantwide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $360,000. During the past year, actual plantwide overhead was $340,000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Falls plant for the past year are as follows. Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity: Direct labor hours Machinehours Actual activity: Direct labor hours Machine-hours Department A $ 100,000 120,000 38,000 20,000 39,000 20,800 Department E $ 282,000 302,000 20,000 47,000 18,700 49,000 For the coming year, the accountants at St. Falls are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. Direct materials Direct labor cost: Department A (2,800 hr) Department B (1,500 hr) Machine-hours projected: Department A Department B Units produced $25,000 42,000 14,000 170 1,200 9,000 Comprehensive Problem 5 Part a Required: a-1. Assume the St. Falls plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs tojobs. Find the overhead rate by using expected direct labor hours. a-2. Determine the projected amount oftotal manufacturing costs per unit for the units injob no. 110. Complete this question by entering your answers in the tabs below. Assume the St. Falls plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Find the overhead rate by using expected direct labor hours. (Round your answer to 2 decimal places.) $ mo Comprehensive Problem 5 Part 3 Required: a-1. Assume the St. Falls plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Find the overhead rate by using expected direct labor hours. a-2. Determine the projected amount of total manufacturing costs per unit for the units in job no. 110. Complete this question by entering your answers in the tabs below. Determine the projected amount of total manufacturing costs per unit for the units in job no. 110. (Round your intermediate calculations and final answer to 2 decimal places.) $ 15-11052; Comprehensive Problem 5 Part b Assume the St. Falls plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-2. Calculate the projected manufacturing costs forjob 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Req B3 Find the department overhead rate using expected machine hours for Department A and Department B. (Round your answer to 2 decimal places.) Overhead rateDepartmentA $ 5.00 per machine hour Overhead rateDepartment B $ 6.00 per machine hour Comprehensive Problem 5 Part b Assume the St. Falls plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-2. Calculate the projected manufacturing costs forjob 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Calculate the projected manufacturing costs for job 110 using the three separate rates computed in b-1 and b-2. (Round your intermediate calculations and final answer to 2 decimal places.) as 10.71 m