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problems 1 and 2 thank you so much PROBLEM 2-17 Plantwide and Departmental Predetermined Overhead Rates; Overhead Application L02-10. LO2-2 Wilmington Company has two manufacturing
problems 1 and 2 thank you so much PROBLEM 2-17 Plantwide and Departmental Predetermined Overhead Rates; Overhead Application L02-10. LO2-2 Wilmington Company has two manufacturing departments Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the year Job Bravo. Page Estimated Data Assembly Fabrication Total Manufacturing overhead costs $600,000 $800,000 $1,400,000 Direct labor-hours 50,000 30,000 80,000 Machine-hours 20,000 100,000 120,000 Job Bravo Direct labor-hours Machine-hours Assembly Fabrication Total 11 3 14 3 6 9 6 Required: 1. If Wilmington used a planwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo? 2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo 1. The predetermined plantwide overhead rate is computed as follows: $ Estimated manufacturing overhead Estimated total direct labor-hours Predetermined overhead rate DLHs $ per DLH The overhead applied to Job Bravo is computed as follows: Direct labor-hours worked on Bravo Predetermined overhead....... $ Overhead applied to Bravo $ 2. The predetermined overhead rate in Assembly is computed as follows: per DLH $ DLHs Estimated manufacturing overhead Estimated total direct labor-hours Predetermined overhead rate $ per DLH The predetermined overhead rate in Fabrication is computed as follows: Estimated manufacturing overhead $ Estimated total machine-hours Predetermined overhead rate $ The overhead applied to Job Bravo is computed as follows: Assembly Fabrication Total $ Quantity of allocation base used Predetermined overhead rate Overhead applied to Bravo $ $ $
problems 1 and 2 thank you so much
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