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Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Finishing Total Estimated total machine-hours (MHs) 3,250 1,750 5,000 Estimated total fixed manufacturing overhead cost $ 29,000 $ 4,000 $ 33,000 Estimated variable manufacturing overhead cost per MH $ 2.50 $ 5.00 During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: Job A Job M Direct materials $ 15,500 $ 9,100 Direct labor cost $ 22,300 $ 9,300 Molding machine-hours 1,250 2,000 Finishing machine-hours 1,250 500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $24,950 $9,100 $9,300 $43,350
Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:
Molding Finishing Total
Estimated total machine-hours (MHs) 3,250 1,750 5,000
Estimated total fixed manufacturing overhead cost $ 29,000 $ 4,000 $ 33,000
Estimated variable manufacturing overhead cost per MH $ 2.50 $ 5.00
During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow:
Job A Job M
Direct materials $ 15,500 $ 9,100
Direct labor cost $ 22,300 $ 9,300
Molding machine-hours 1,250 2,000
Finishing machine-hours 1,250 500
Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$24,950
$9,100
$9,300
$43,350
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