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Problem 15-4A Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied Department E, and machine
Problem 15-4A Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied Department E, and machine hours in Department K. jobs on the basis of direct labor cost in Department D, direct labor hours in In establishing the predetermined overhead rates for 2017, the following estimates were made for the year. Department D E K Manufacturing overhead $1.080.000 $1,020,000 $1.500.000 Direct labor costs $1.250.000 $450,000 $1,542,857 Direct labor hours 100,000 125.000 40,000 Machine hours 400,000 500.000 120,000 During January, the job cost sheets showed the following costs and production data. Department E K Direct materials used $140,000 $126.000 $78,000 Direct labor costs $120,000 $110,000 $37,500 Manufacturing overhead incurred $99,000 $124,000 $79,000 Direct labor hours 8,000 11,000 3.500 Machine hours 45,000 9,000 34,000 Compute the predetermined overhead rate for each department. (Round answers to 2 decimal places, e.g. 10.25.) Overhead rate Department per direct labor hour Department E Department K per machine hour LINK TO TEXT VIDEO: SIMILAR PROBLEM decimal places, e.g. 2,500.) Compute the total manufacturing costs assigned to jobs in January in each department. (Round answers to Manufacturing Costs 8400 Department D Department E Department K LINK TO TEXT VIDEO: SIMILAR PROBLEM overapplied overhead for each department at January 31. (Round answers to 0 decimal places, e.g. 2,525.) Compute the under- Manufacturing Overhead Department D Department E Department Click if you would like to Show Work for this question: Open Show Work
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