Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Opunul 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:

image text in transcribed
Opunul 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 Estimated total sachine-hours (1) 3,250 Estimated total fixed manufacturing overhead cost $ 22,eee Estimated variable manufacturing overhead cost per HS 1.se Finishing 1,750 $ 2,700 Total 5,600 $ 24,700 During the most recent month, the company started and completed two jobs Job A and Job M. There were no beginning inventories. Ders concerning those two jobs follow. Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job $13,960 521, eee 1,250 1,25e Job H 57,800 $7,00 2,eae 500 Assume that the company uses e plantwide predetermined manufacturing overhead rate based on machine hours. The total manufacturing cost assigned to Job Mis closest to (Round "Predetermin Mumple Choice $17.425 $7.800 $33.025 O $7.000

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

Step: 3

blur-text-image

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

Apple Blossom Cologne Company Audit Case

Authors: Jack Paul

5th Edition

0072844507, 978-0072844504

More Books

Students also viewed these Accounting questions