Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me answer this :(( the deadline is tomorrow and I am having touble Opunui Corporation has two manufacturing departments--Molding and Finishing. The company

Please help me answer this :(( the deadline is tomorrow and I am having touble
image text in transcribed
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: Finishing Total 1,750 5,000 Molding Estimated total machine hours 3,250 (MHS) Estimated total fixed manufacturing overhead costs $22,000 Estimated variable manufacturing $1.50 overhead costs per machine hour $2,700 $24.700 $3.00 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: Direct Materials Direct Labor Cost Molding Machine Hours Finishing Machine Hours Job A $13,900 $21,000 1.250 1,250 Job B $7,800 $7.800 2,000 500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job Mis closest to: O a $17.425 b. $7,800 c. $33,025 d. $9,500

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_2

Step: 3

blur-text-image_3

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

More Books

Students also viewed these Accounting questions

Question

c. What were you expected to do when you grew up?

Answered: 1 week ago

Question

d. How were you expected to contribute to family life?

Answered: 1 week ago

Question

e. What do you know about your ethnic background?

Answered: 1 week ago