Question
PLEASE SEE DATA TABLE PROVIDED FOR INFORMATION NEEDED! PLEASE CORRECT ALL BLANK FIELDS! the first answer receives positive ratings! DATA: budgeted manufacturing overhead cost=900,000 budgeted
PLEASE SEE DATA TABLE PROVIDED FOR INFORMATION NEEDED!
PLEASE CORRECT ALL BLANK FIELDS!
the first answer receives positive ratings!
DATA:
budgeted manufacturing overhead cost=900,000
budgeted manufacturing labor hours=36,000 hrs
actual manufacturing overhead costs=1,530,000
actual direct manufaturing labor-hours=34,000 hrs
begin by calculating the budgeted indirect cost. what is the formula? then calculate the rate?
now calculate the total manufacturing cost of the 32 Rooney drive job?
indicate the classification of the cost needed?
calculate the amounts?
JaNes Coporabon manuractures custom cabinets tor ktchens. It uses a nomal costing system witn two direct cos: categones-direct materials and direct manutacturing labor-and one indirect-cost pool, manutacturing cvemead costs. t provides the tollowing intormation tor 201 (Click the icon ta view the infarmation for 2017) Head the requirement. Bagin by calclating the budgeted indrect cost rata. Selec: the tormula and then calculate the rate. (Assume the cost allacation base is direct labor hours.) Budgeted manutactunng overnead coets Budgeted labor hours 36,000 Budgcted indirect cost rate 900.000 25 Now calcula.e the total manutactunng cost ot the 32 Rconey Dive job. Job Costs Direct materials Direct manutacturing labor Manutactunng overhaad allocated Total costs 32 Rooney Drive Job 4,500 4,500 4,500 Dala Table Budgeled mianufacluring overhead costs Budgeted direct manufacturing labor hours Actual manufacturng overhead costs Actual direct manufacturing labor-hours 5 900 000 35 000 hours S 1,530.000 34.C00 hours Print Donc Move ycur pointer over or tap on the cels with rod arrows to scc incorroct answers
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