requiremnt 7 only the direct labor

O Teahen Products manutactures its products in two separate departments Machining and Assembly Total manufacturing overhead costs for the year we budgeted $1,060,000. Of this amount, the Machining Department nous 30.000 (primarily for machine operation and deprecision while the Assembly Department nours $420,000. The company states that it will incur 800 machine hours in Maching Depart) 15.000 orect stor hours 03.000 in the Machining Department and 12.000 in the Assembly Department during the year Teahen Products currently uses a plantwide overhead mare based on direct labor hours to locale overhead. However, the company is considering refining its overhead location system by using departmental head. The acting Department would alocate its overhead using machine hours (M), but the Assembly Department would locales overhead using direct bor hours. The following chart shows the machine hours and director (DL) hours noured by Jobs 500 and 501 in each production department: m Click the icon to view the additional information) Read the regirements The single plantwide overhead rate assigned afferent amounts of overhead to both. The departmental rates in more overhead cost Job 501 than job due to the extra machine hou used. This montar Requirement 7. Compute the total manufacturing cost and sales price of each pob using the company's current plantwide overhead rate found amounts to the nearest dolor. Enter the percentage as a whole number Job 500 Job 501 Direct materials 1.500 1.500 Data Table Direct labor 510 510 Manufacturing overhead 1120 1120 Total manufacturing costs 3130 3130 Machining Assembly 125 Markup for pricing (9) Department Department 10 3.767 12 DL hours 3.767 Sales price 4 DL hours Requirement 8. Based on the current planbide location system, how much profil did the company think it eamed on each job? Job 50120 MM 12 DL hours Calculate the gross profit using the current cooling system DL hours Both Jobs 500 and 501 ned $1.500 of direct materials Wages Job 500 and benefits to $30 per direct labor hour. Teshes Products Sales price 3,767 3.767 priests products at 125% of total manufacturing cows. Job 501 Pril Done Choose from any list or enter any number in the input fields and then continue to the next question MacBook Pro Teahen Products manufactures its products in two separate departments Machining and Assembly, Total manufacturing overhead costs for the year are budget $1,050.000. Of this amount the Machining Department incurs 5630,000 (primarily for machine operation and depreciation while the Assembly Department incurs $420,000. The company estimates that it will now bo machine hours (al in the Machining Department and 15,000 director hours (3,000 in the Machining Department and 12,000 in the Assembly Department during the you Teahen Products currently uses a plantwide overhead rate based on direct labor hours to locale overhead. However, the company is considering retning to overhead allocation system by using departmental overhead rates. The Machining Department would allocate its overhead using machine hours (MH), but the Assembly Department would allocate to overhead using direct labor(DL) hours. The following that shows the machine hours (MH) and direct labor(DL) hours incurred by Jobs 500 and 501 in each production department Click the loon to view the additional information) Read the resirements The single plantvide overhead rate assigned different amounts of overhead to both jobs. The departmental rates more overhead cost to job 501 than Job 500 due to the extra machine hours used. This seems more for Requirement 7. Compute the total manufacturing cost and sales price of each ob using the company's current plantwide overhead role. (Round amounts to the nearest dolor. Enter the percentage as a whole number) Job 500 Job 501 Direct materials 1,500 1.500 Data Table Direct labor 510 510 1120 1120 Manufacturing overhead Total manufacturing costs 3130 3130 Machining Assembly Department 125 Markup for pricing (% Department 3.167 Job 500 10 MH 12 DL hours 3.767 Sale price 4 DL hours Requirement 8. Based on the current plantwide) allocation system, how much profit did the company think it came on each job? Job 501 20 M 12 DL hours 4 DL hours Calculate the gross profit using the current costing system Job 500 Job 501 Both Jobs 500 and 51 sed $1.500 of direct materials. We and benefits $30 per direct labor hour. Teshen Products Sales price 3.767 price is products at 125% of total manufacturing costs Print Done Choose from any list or enter any number in the input folds and then continue to the next