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Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The company used the following data a the beginning of the year to calculate predetermined overhead rates:
Sanderlin Corporation has two manufacturing departments--Machining and Finishing. The company used the following data a the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per machine-hour Machining 5,000 $ 26,500 Finishing 5,000 $ 13,500 Total 10,000 $ 40,000 $ 2.00 $ 3.00 During the most recent month, the company started and completed two jobs--Job C and Job L. There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Machining machine-hours Finishing machine-hours Job C $ 12,500 Job L $ 8,200 $ 20,200 $ 6,400 3,400 2,000 1,600 3,000 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job L is closest to: (Round your intermediate calculations to decimal places.) Prev 20 of 20 Next
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