Profit Company has two departments, Assembly and Packaging. Overhead is applied based on direct labor cost in Department Assembly and machine-hours in Department Packaging. The following additional information is available: Budgeted Amounts Assembly Packaging Direct labor cost $200,000 $165,000 Factory overhead $400,000 $225,000 Machine-hours 40,000 mh 30,000 mh Actual data for Job #10 Assembly Packaging Direct materials requisitioned $10,000 $16,000 Direct labor cost $11,000 $14,000 Machine-hours 5,000 mh 3,000 mh a. Compute the budgeted factory overhead rate for Assembly. $_______________ b. Compute the budgeted factory overhead rate for Packaging. $ ______________ c. What is the total overhead cost of Job 10? $________________ d. If Job 10 consists of 50 units of product, what is the unit cost of this job? $________________

Home TEST 2 cost.docx + Menu v Home Insert Page Layout References Mailings Review View Section Tools Cut Paste- D Copy Format Palatino Linotype - 10 - A A + t = = += = A - IT BI UA X2 X2 A ak. A A , AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd Footer Header Defau... Norma... = New Style Select Find and Replace Settings Profit Company has two departments, Assembly and Packaging. Overhead is applied based on direct labor cost in Department Assembly and machine-hours in Department Packaging. The following additional information is available: Budgeted Amounts Direct labor cost Assembly $200,000 $400,000 40,000 mh Packaging $165,000 $225,000 30,000 mh Factory overhead Machine-hours Actual data for Job #10 Assembly Direct materials requisitioned $10,000 Packaging $16,000 $14,000 3,000 mh Direct labor cost $11,000 5,000 mh Machine-hours a. Compute the budgeted factory overhead rate for Assembly. $_ b. Compute the budgeted factory overhead rate for Packaging. $ c. What is the total overhead cost of Job 10? $ d. If Job 10 consists of 50 units of product, what is the unit cost of this job? $_ Page Num: 2 Page: 2/6 Section: 1/1 Row: 21 Column: 35 Words: 951 Spell Check Local backup on = + 151 %