Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sanders Company has two departments, X and Y. Overhead is applied based on budgeted direct labour cost in Department X, and budgeted machine hours in
Sanders Company has two departments, X and Y. Overhead is applied based on budgeted direct labour cost in Department X, and budgeted machine hours in Department Y. The following additional information is available. Department X Budgeted Amounts Direct labour cost Factory overhead Machine hours Department Y $160,000 $205,000 $208,000 $240,000 41,000 mh 60,000 mh Department X Actual data for Job #11 Direct materials requisitioned Direct labour cost Machine hours Department Y $12,000 $18,000 $17,000 $15,000 3,500 mh 5,200 mh Required: a. Compute the budgeted factory indirect cost allocation rate for Department X (1 mark). b. Compute the budgeted factory indirect cost allocation rate for Department Y (1 mark). c. What is the total overhead cost of Job 11 (2 marks)? d. If Job 11 consists of 40 units of product, what is the unit cost of this job (2 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started