Answered step by step
Verified Expert Solution
Question
1 Approved Answer
pls help Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined
pls help
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 Molding 4,000 11,000 Estimated variable manufacturing overhead cost per MH $ 2.50 1,000 $ 2,900 $ 5.00 Total 5,000 13,900 Estimated total machine-hours (MHs) Estimated total fixed manufacturing overhead cost 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: Job M $14,100 $7,900 $21,100 7,900 1,300 600 Job A Direct materials Direct labor cost Molding machine-hours Finishing machine-hours 2,700 400 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $7,900 $10,982 $26,782 $7,900Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started