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Please help with the final two questions on this problem for my managerial accounting class, which is just to explain why this ompany uses two
Please help with the final two questions on this problem for my managerial accounting class, which is just to explain why this ompany uses two different cost driver rates in its job costing system. (I provided the avaiable answers for the two question in the drop down box.)
The Molinero Company uses a job order costing system at its plant in Green Bay, Wisconsin. The plan Requirements has a machining department and a finishing department. The company uses two cost driver rates for (a) Determine the two departmental cost driver rates. allocating manufacturing overhead costs to job orders: one on the basis of machine hours for allocating (b) Last month, cost records for job 511 show the following machining department overhead costs and the other on the basis of direct labor cost for allocating the EEE (Click the icon to view the cost records.) finishing department overhead costs. Estimates for the current year follow: Determine the total costs charged to job 511. EEE (Click the icon to view the estimates.) (c) Explain why Molinero Company uses two different cost driver rates in its job costing system Requirement (b) Determine the total costs charged to job 511. 10,000 Direct materials cost Direct labor cost 2,100 Manufacturing overhead costs 2,132 14,232 Total costs Requirement (c) Explain why Molinero Company uses two different cost driver rates in its job costing system. The company likely believes that the manufacturing overhead costs in the machining department Y and the manufacturing overhead costs i finishing department have a cause-and-effect relationship with direct labor costs Click to select your answer(s) and then click Check Answer. have a cause-and-effect relationship with machine hours have no relationship with either machine hours or direct labor costs All parts showing Check
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