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Required information [The following information applies to the questions displayed below] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's

Required information [The following information applies to the questions displayed below] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: materials ork in process rinished goods $ 63,000 $ 22,200 $ 52,500 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $11.50 per direct labor-hour was based on a cost formula that estimated $460,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $618,000. b. Raw materials used in production, $569,400. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $410,000; indirect labor, $150,000; selling and administrative salaries, $338,000. d. Incurred various selling and administrative expenses (eg, advertising, sales travel costs, and finished goods warehousing). $382,000. e. Incurred various manufacturing overhead costs (e.g. depreciation, insurance, and utilities), $310,000. f Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. g. Jobs costing $1,372,600 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,202,500. The jobs cost $1,382.600 to manufacture according to their job cost sheets. 4. What is the total amount of manufacturing overhead applied to production during the year?
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Required information [The following information applies to the questions displayed below] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1 , the company's inventory balances were as follow: The company applies overhead cost to jobs on the basis of direct labor-hours. For the current yeac, the company/s predetermined overhead rate of $11.50 per direct labor-hour was based on a cost formule that estimated $460.000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materials were purchased on account $618.000. b. Raw materials used in production, $569,400. Al of of the raw materials were used as direct materials. c. The following costs were accrued for employee services direct labor $410,000; indirect laboc, $150,000; selling and administrative salaries, $338,000. d. incurred various selling and administrative expenses log. advertising. sales travel costs, and finished goods warehousingl. $382.000. e. Incurred various manufacturing overhead costs (e. g. depreciation, insurance, and utilies), $310,000. t. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. 9 Jobs costing $1,372.600 to manufacture according to their job cost sheets were completed during the yeac: h. Jobs were sold on account to customers during the year for a total of $3.202.500. The jobs cost $1,382.600 to manufacture according to their job cost sheets. 4. What is the total amount of manutacturing overhesd applied to production during the year

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