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Quetsion 2 Sky High Company has two departments, X and Y. The following estimates are for the coming year: Required: 1. A single indirect-cost rate
Quetsion 2 Sky High Company has two departments, X and Y. The following estimates are for the coming year: Required: 1. A single indirect-cost rate based on direct manufacturing labor-hours for the entire plant is 2. The budgeted indirect-cost driver rate for Y based on the number of machine-hours is in excess of X by . (Round interim and the final answer to the nearest cent.) Question 3 Apple Valley Corporation uses a job cost system and has two production departments, A and B. Budgeted manufacturing costs for the year are: The actual material and labor costs charged to Job #432 were as follows: Apple Valley applies manufacturing overhead costs to jobs on the basis of direct manufacturing labor cost using departmental rates determined at the beginning of the year. Required: 1. For Department A, the manufacturing overhead allocation rate is 2. For Department B, the manufacturing overhead allocation rate is 3. Total Manufacturing overhead costs allocated to Job #432 total is
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