Question
Questions 3 and 4 refer to the following information: X Company has two production departments, A and B. At the start of the year, the
Questions 3 and 4 refer to the following information:
X Company has two production departments, A and B. At the start of the year, the following budgeted information is available:
Department A | |||
Overhead | $7,100,000 | ||
Direct labor hours | 50,000 | ||
Machine hours | 110,000 | ||
Department B | |||
Overhead | $2,200,000 | ||
Direct labor hours | 60,000 | ||
Machine hours | 120,000 |
The following information is for two specific jobs, Job 111 and Job 222, that were completed during the year:
Department A | Department B | |
Job 111 | ||
Direct labor hours | 768 | 116 |
Machine hours | 1,040 | 900 |
Job 222 | ||
Direct labor hours | 399 | 630 |
Machine hours | 1,280 | 770 |
3. Using a plantwide allocation system with direct labor hours as the cost driver, what is the allocation to Job 222 (round overhead rates to the nearest cent)?
4. Using a departmental allocation system with direct labor hours as the cost driver in Department A and machine hours as the cost driver in Department B, what is the allocation to Job 222 (round overhead rates to the nearest cent)?
please fill in the blank, thanks
i am not really sure what to write in those two blanks
question 3 :( )
question 4:( )
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