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Required information [The following information applies to the questions displayed below] The Gilster Company, a machine tooling firm, has several plants. One plant, located in
Required information [The following information applies to the questions displayed below] The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a job order costing system for its batch production processes. The St. Cloud plant has two departments through which most jobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $360,000. During the past year, actual plantwide overhead was $346,000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. Compute the under-or overapplied overhead for the St. Cloud plant for the year. (Round your intermediate calculations to 2 ecimal places.) b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2 Complete this question by entering your answers in the tabs below. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. (Round your intermediate calculations and final answer to 2 decimal places.) C-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 24 percent to total manufacturing costs. V would be the bid for job no. 110 using the overhead rate from part b? c-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates comp Complete this question by entering your answers in the tabs below. Find the plant wide overhead rate by using expected machine hours. (Round your answer to 2 decimal places 3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates c Complete this question by entering your answers in the tabs below. Find the department overhead rate using expected machine hours for Department A and Department B. to 2 decimal places.)
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