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QUESTIONS 01. (Maria) Bin Sina Company uses a normal job costing systern at its Ras Al Khaimah plant. The plant has a machining department and

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QUESTIONS 01. (Maria) Bin Sina Company uses a normal job costing systern at its Ras Al Khaimah plant. The plant has a machining department and an averly department Hospbconting som besten direct cost categories (direct materials and direct manufacturing labor) and two manufacturing overhead cost pools the machining department overhead, tocated to be actual machine hours, and the assembly department overhead allocated to jobs based on actual direct manufacturing labor costs. The 2018 budget for the plant is to Manufacturing overhead Direct manufacturing labor costs Direct manufacturing labor hours Machine hours Machining Assembly Department Department $1,260,000 52.520,000 $980,000 $1,400,000 10000 140000 35000 140000 During March, the job-cost record for job 848 contained the following Direct materials used Direct manufacturing labor costs Direct manufacturing labor hours Machine-hours Machining Department $31.500 $9,800 700 1400 Assembly Department $49,000 $10,500 1050 200 ANA to sote all annen During March, the job-cost record for Job 848 contained the following Direct materials used Direct manufacturing labor costs Direct manufacturing labor hours Machine hours Machining Department $31,500 59,800 poo asembly Department 549,000 $10.500 hoso poo 1400 Required: # Compute the total manufacturing overhead costs allocated to job 848. b. At the end of 2019, the actual manufacturing overhead costs were 51,470,000 in machining and 12,590,000 in assembly. Assume thM8.600 actual machine hours were din machining and that actual direct manufacturing labor costs in assembly were $1,500,000. Compute the over or under allocated marwacturing overhead for each department For the toolbar, press ALT=F10 (PC) or ALT+FN+F10 (Mac). Paragraph Arial 14px E A L XODQ5 V v

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