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please help. thank you ca o thhe tree accounts 4. Which method would you choose? Justify your answer Problems 4-36 Job costing, accounting for manufacturing
please help. thank you
ca o thhe tree accounts 4. Which method would you choose? Justify your answer Problems 4-36 Job costing, accounting for manufacturing overhead, budgeted rates. 1 uses a job-costing system at its Dover, Delaware, finishing department. Solomon uses normal costing with two direct-cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as as the allocation base). The 2017 budget for the plant is as follows he Solomon Company plant. The plant has a machining department and a the allocation base and the finishing department with direct manufacturing labor costs Finishing Department Manufacturing overhead costs Direct manufacturing labor costs Direct manufacturing labor-hours Machine-hours $10,660,000 S 970,000 26,000 205,000 $8,000,000 $4,000,000 160,000 31,000 1. Prepare an overview diagram of Solomon's job-costing system 2. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department? During the month of January, the job-cost record for Job 431 shows the following: 3Step by Step Solution
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