Question
Question 28 (9 points) Tachie Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. Tachie based its predetermined
Question 28 (9 points) Tachie Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. Tachie based its predetermined overhead rate for the current year on the following data:
Total machine-hours 45,000
Total fixed manufacturing overhead cost $378,000
Variable manufacturing overhead per machine-hour $4.35
Recently Job Y205 was completed with the following characteristics:
Number of units in the job 105
Total machine-hours 315
Direct materials $998
Direct labor cost $10,080
Required: a. Calculate the estimated total manufacturing overhead for the year.
b. Calculate the predetermined overhead rate for the year.
c. Calculate the amount of overhead applied to Job Y205.
d. Calculate the total job cost for Job Y205.
e. Calculate the unit product cost for Job Y205.
f. Calculate the selling price for Job Y205 if the company marks up its unit product costs by 25%.
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