Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 20 (20 points) Infinity Corp. uses job costing with two departments, Sanding and Finishing. Manufacturing overhead is allocated based on direct labour cost in
Question 20 (20 points) Infinity Corp. uses job costing with two departments, Sanding and Finishing. Manufacturing overhead is allocated based on direct labour cost in the Sanding Department and direct labour hours in The Finishing Department. The following additional information is available: Estimated amounts Sanding Dept. Finishing Dept. Direct labour cost Direct labour hours Manufacturing overhead costs $125,000 25,000 $275,000 $286,000 43,000 $225,000 Actual data for completed Job No. B-1082 is as follows: Actual amounts Sanding Dept. Finishing Dept. Direct materials requisitioned Direct labour cost Direct labour hours $22,000 $20,000 3,600 $42,000 $32,000 1. Compute the predetermined manufacturing overhead rats for the Sanding Department. 2. Compute the predetermined manufacturing orarh:ad rats for the Finishing Departmen: 3. What is the total manufacturing overhead cost for lob. No. B-1052: 4. If job. No. 3-1062 consists of 400 units of product, what is the ar-arage unit cost of this job
Step 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