please help. Thank you so much!!
(The following information applies to the questions displayed below.) The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a job order costing system for its batch production processes. The St. Cloud plant has two departments through which most jobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $250,000. During the past year, actual plantwide overhead was $232,000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. Department A Department B $ 133,000 132,000 $ 288,000 303,000 Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity: Direct labor hours Machine-hours Actual activity: Direct labor hours Machine-hours 46,000 19,000 15,000 48,000 48,500 19,500 12,000 50,000 For the coming year, the accountants at the St. Cloud plant 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. $19,000 33,000 7,600 Direct materials Direct labor cost: Department A (2,200 hr) Department B (1,200 hr) Machine-hours projected: Department A Department B Units produced 120 1,200 15,000 C-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 18 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 18 percent to total manufacturing costs. What would be the bid for job 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. Reg C1 Reg C2 Reg C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 18 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.) Bid price c-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 18 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? c-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 18 percent to total manufacturing costs. What would be the bid for job 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 Reg C2 Reg C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 18 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.) Bid price d. Compute the under-or overapplied overhead for the St. Cloud plant for the year. (Round your intermediate calculations to 2 decimal places.) Overapplied f. Would your response to part e change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $21,000? Incremental profit earned by producing the other job Incremental cost of buying the parts from the subcontractor
